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 around 1.1607, rebounding after reaching strong support located around 2/8 Murray at 1.1596.
If the euro consolidates above 2/8 Murray in the coming hours, it could be seen as an opportunity to take long positions, with a target at the 3/8 Murray located at 1.1657.
If downward pressure prevails and the euro falls below 2/8 Murray, the euro is expected to find strong support around the bottom of the downtrend channel located at 1.1565.
In case of a technical rebound above 1.1596 or 1.1555, it will be seen as an opportunity to enter long positions with a target at 1.1657, where Murray's 3/8 is located.
The Eagle indicator is showing a positive signal, so the trading plan will be to buy the euro n the coming hours as a recovery is expected in the coming days.
*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.