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USDMXN Lowest in a Month and a Half
August 28, 2020
ETHUSD Could Go Down
August 28, 2020

EURMXN Breaks Support

Published by TradersColo at August 28, 2020
Categories
  • forex
Tags
  • chart patterns
  • eurmxn
  • technical indicators
  • trend analysis
eurmxn-traderscolo
eurmxn daily chart

EURMXN CHART PRICE – EURMXN DAILY

The euro broke the support level at 26.03 in today’s session, on the after hours market it made a small recovery but almost insignificant so far, the Relative Strength Index is at a 46%, which gives us good room to trade this pair, we will see how it behaves on the reopening day but this is a pair to keep an eye on, there’s potential to make a good trade if we identify the trend and place the trade on the session reopening, the bollinger bands are wide and the price still trades over the ichimoku cloud while the moving averages are getting closer to each other.

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.

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