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!
EUR/USD is still heading higher towards the next minor upside target at 1.1444 and in the longer term, towards the major target at 1.2007. We have likely just seen a minor correction complete with the test of 1.1197 and should soon see the next upside attack towards the 1.1444 target. A break above minor resistance at 1.1240 will confirm that the minor correction is complete and the next impulsive rally is unfolding towards the 1.1444 target and possibly even higher.
So, stay focused towards the upside and regard minor downswings as temporary setbacks in a larger uptrend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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