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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Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.0860 (closing of yesterday's daily candlestick) to 1.0836, the historical support level (blue dotted line). In the case of testing this level, an upward movement is possible, with a target of 1.0864, the 38.2% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion: Today, the price may move downward from the level of 1.0860 (closing of yesterday's daily candlestick) to 1.0836, the historical support level (blue dotted line). In the case of testing this level, an upward movement is possible, with a target of 1.0864, the 38.2% pullback level (red dotted line).
Alternatively, from the level of 1.0860 (closing of yesterday's daily candlestick), the price may move downward to 1.0836, the historical support level (blue dotted line). In the case of testing this level, a continued downward movement is possible with a target of 1.0804, the 61.8% pullback level (blue dotted line).
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
