LTCUSD Sinks and Breaks Three Support Levels
September 4, 2020
GBPMXN Possible Trend Change
September 7, 2020
USDMXN CHART PRICE – USDMXN DAILY
For the fourth consecutive day the mexican peso has been gaining ground over the US dollar, currently trading for 21.537and getting closer to the support level at 21.30, the relative strength index still has something to squeeze from since its at 35%, this is a dangerous spot, traders might anticipate to the oversold status and place long trades before it hits that 30% the bollinger bands got wider and the moving averages still indicate that a downtrend could continue .
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.
