Litecoin Tests Resistance
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Could This Be the End of the Uptrend for ETHUSD?
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EURMXN CHART PRICE – EURMXN DAILY
The Euro lost some ground to the Mexican Peso before the weekend, there was some volatility on the reopening, however it closed barely above the opening price, during today’s trading session it has lost 275 pips, we see that the bollinger bands are getting wider, meaning we could expect volatility, the Relative Strength Index is currently at 58% compared to the 62% it had on Friday, although the price trades above the Ichimoku cloud, I believe that there could be an adjustment and if the price continues to drop, it could break its support level.
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.
