Usdmxnshort
USD/MXN LOOKS BEARISHHello Traders!
USD/MXN looks bearish! MACD has just crossed below with a good bearish strength – RSI looks pessimistic with a good range from being oversold.
HISTORICAL SUPPORT might be reached, so stay alert!
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USDMXN to continue downwards??Hello Traders,
The USDMXN appears to be continuing its downward movement following a short move upward. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart. RSI has just moved out of OVERSOLD territory on the 12H as well. On the 3H, price is being rejected off the 50-EMA and Hidden Bearish Divergence is also forming on the MACD/Price Chart.
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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.this is not signal. it's my opinion. trade you own risk.
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Thank you for your support!
Volume punched.I'm sure, the green candle we just saw, is a pump, on twitter the hashtag "dollar" became a trend in Mexico. + the publication of banxico on your twitter account this favored the price to increase.
let's see the green volume is as high as the previous candles. and the price fell again i'm sure this pattern will repeat itself.
At last we are one step away from breaking the last support. For the price to fall in free fall.
USDMXN ShortTook a short and forgot to post USD/MXN looks like its in a fib triangle .... nut. Longing on the D wave in anticipation for the E wave. TP at my 38.2 level get in now or lower. I got in much lower. Stop on screen as well. Lets keep 2020 green have not taken a loss yet! Watch me jinx myself now lol enjoy
USDMXN-- Weekly Market Outlook from 06 to 10 April 2020Follow me for more update and Analysis.
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