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/CHF pair registered a strong drop in the short term after failing to pass above the 0.9437 upside obstacle and after failing to stay above the uptrend line. It has ignored the 0.9290 former low as well. This represented a downside obstacle, so a deeper drop was natural.
Now, it is trading at 0.9204 at the time of writing. The downside pressure is strong, the next downside target and obstacle are represented by 0.9159. This represents a downside obstacle.
The breakdown below 0.9290 represented a selling opportunity with a potential target at 0.9159. Dropping and stabilizing below this level could confirm further drop. The 0.9064 lower low represents a potential downside target if the rate continues to drop.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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