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!
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EURUSD daily candlestick closed above the tenkan-sen (red line indicator), but remains below the kijun-sen (yellow line indicator) and below the Kumo (cloud). In order for trend to change to neutral in the Daily chart, bulls must push price into the cloud. Support is at the tenkan-sen at 1.0483 and at yesterday's low at 1.0470. So bulls need to defend this support area around 1.0475. They also need to push above 1.06 in order to give hopes for a move towards 1.0750.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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