Hello Traders,
The USDMXN appears to be continuing its downward movement following a short move upward. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart. RSI has just moved out of OVERSOLD territory on the 12H as well. On the 3H, price is being rejected off the 50-EMA and Hidden Bearish Divergence is also forming on the MACD/Price Chart.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The USDMXN appears to be continuing its downward movement following a short move upward. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart. RSI has just moved out of OVERSOLD territory on the 12H as well. On the 3H, price is being rejected off the 50-EMA and Hidden Bearish Divergence is also forming on the MACD/Price Chart.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.