BTCUSD Could Reach Resistance at 10,639
September 7, 2020
LTCUSD Close to Support at 45.75
September 8, 2020
USDMXN CHART PRICE – USDMXN DAILY
The US dollar made significant gains in the last 3 trading sessions which places the price just above the resistance level found at 21.83, this could mean that the uptrend is confirmed, we would still need to wait if the breakout consolidates or if it’s just being tested, looking at the relative strength index we could say that the uptrend has already started, RSI is at 46% and the bollinger bands are getting narrow nut they are still wide enough to continue expecting volatility, the price could continue to gain ground and potentially reach its resistance at 22.13 in the next few days.
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.
