Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
EUR/JPY also failed to hold above minor support at 119.91. It indicates that a complex double zig-zag was unfolding similar to blue wave ii. The correction in blue wave ii likely to be complete with the test of 119.62. We need a break above minor resistance at 120.30 to confirm that blue wave ii has completed and blue wave iii is developing higher to 121.98.
Support is now seen at 119.79 and strong support is at 119.62.
R3: 120.64
R2: 120.39
R1: 120.30
Pivot: 120.13
S1: 119.94
S2: 119.79
S3: 119.62
Trading recommendation:
We are long EUR from 117.25 with our stop placed at 119.30. If you are not long EUR yte, then buy a break above 120.30 and use the same stop at 119.30.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
