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 is located at 0.5828 at the time of writing. As long as it stays below the downtrend line, the price could extend its drop anytime. It's trapped between 0.5859 former high (upside obstacle) and the former low of 0.5818 (downside obstacle).
From the technical point of view, its failure to reach and retest the downtrend line signaled strong sellers.
Dropping below the former low of 0.5818 may announce more declines and is seen as a selling opportunity.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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