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!
Technical analysis:
USD/JPY has been trading uspide as I expected. The price reached first objective at the price of 144.95 but I see potential for further upside movement towards next reference points.
Trading recommendation:
USD/JPY is trading downside this morning but I see potential for the upside continuation later during the day.
Watch for the buying opportunities on the dips with the upside objective at the price of 146.90.
MACD oscillator is showing upside reading, which is good sign that upside momentum is strong.
Key support is set at the price of 141.55
*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.
