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 currency pair registered strong growth in the short term after reaching the new low of 1.3541. It's located at 1.3574 at the time of writing and it seems determined to come back higher.
As you can see on the H1 chart, the rate dropped within a down-channel pattern. Its failure to approach and reach the channel's downside line announced exhausted sellers. Now, it has reached the downtrend line again which represents a dynamic upside obstacle. The former high of 1.3576 stands as a static upside obstacle.
Jumping and stabilizing above the downtrend line and above 1.3576 activates an upside reversal and brings new buying opportunities.
*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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