ETHUSD Tests Resistance
July 13, 2020
Will EURUSD Challenge Resistance Level at 1.1495 to Succeed?
July 14, 2020
ETHMXN CHART PRICE – ETHMXN DAILY
After a very busy reopening Euro recovered more than 400 pips, the Relative Strength Index is steady at 56% it went up 7% from Friday closing, the price is currently trading inside the Ichimoku cloud which can be seen as uncertainty, the bollinger bands are opened but we can see that they closed up just a little in today’s trading session, in order to make a prediction we would wait for the price to move more so we can clearly identify the trend, we don’t anticipate a lot of volatility for the next hours, not until Europe markets reopen tonight, we will monitor this pair and if we are able to find a good entry we will notify you in the comments, for now I believe it is not very clear what the price next move could be, hence we prefer to wait for a good signal that can allow us to go in the trade, it could be a breakout or a reversal, only time will tell.
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.
