BTCUSD Testing the Support at $11,623
August 30, 2020
GBPMXN Finds a Strong Resistance
September 1, 2020
EURMXN CHART PRICE – EURMXN DAILY
The Euro broke the support for the second time this week and finished at a higher price than previous breakout which could be a starting point for the pair this week, we see that the Relative Strength Index has maintained almost the same level from previous trading days, we see that the bollinger bands are closing up a bit and the moving averages are coming closer to a cross, the price trades over the ichimoku cloud but we see potential downtrend although the 25.80’s have become another support level that has been hard to break, the price has been ranging between 26.2 and 25.8 for the last 9 trading sessions.
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.
