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 trading lower and is now at 1.1622. This level could offer good support for the euro, and we could expect a technical rebound in the coming hours.
If the euro continues to fall, it has strong support around the 2/8 Murray located at 1.1596. This level could be seen as a point for a technical rebound and could also be seen as a signal to open long positions.
If the euro recovers in the coming hours, we could buy above 1.1600, with a target at 1.1657 and at the top of the downtrend channel around 1.1665.
Our trading plan for the coming hours is to wait for the EUR/USD pair to reach the 2/8 Murray support level to open long positions.
If this scenario occurs, we could see it as a signal to buy with a target at the 3/8 Murray at 1.1658.
*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.
