Ethereum Gains Ground After 2 Days of Losses
June 16, 2020
Expect Volatility for BTCUSD in the Next Days
June 17, 2020
USDMXN CHART PRICE – USDMXN DAILY
If the price is able to drop to the 22.16 levels we could expect the price to drop significantly lower, we will need to await for a confirmation, if the price does not break the support then we must not place a short trade, currently in today’s trading session the pair has had some gains over yesterday’s closing price, since RSI is still at 48%, and the price is trading above the Ichimoku cloud I do not feel confident to place a long trade, but neither a short trade unless the support breaks, this could take a few hours or days since the Bollinger Bands are getting very narrow, it might take a while for the pair to have some big movement.
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.
