The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The USD/JPY pair extended its growth and now is trading at 135.06 at the time of writing. The uptrend line represents a downside obstacle. As long as it stays above it, the rate should resume its growth.
Failing to come back to test and retest the uptrend line signaled strong upside pressure. The former high of 135.07 represents an upside obstacle. The 134.71 historical level represented an upside obstacle as well but the rate climbed above it signaling strong buyers and a potential continuation.
Passing and stabilizing above 135.07 activates further growth and is seen as a new buying opportunity. An upside continuation could be invalidated only if the rate drops and stabilizes below the uptrend line.
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