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 crashed in the short term and now is trading at 134.38 at the time of writing. It has turned to the downside after failing to reach the 138.00 psychological level. Technically, after its strong growth, a downside movement was natural. The downside movement could be only temporary.
The uptrend line represents a downside obstacle, so as long as it stays above it, the currency pair could develop a new upwards movement.
Testing and retesting the uptrend line and stabilizing above it may announce a new upwards movement. This could represent a new buying opportunity. Only dropping and staying below the uptrend line invalidates the upside scenario.
*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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