#MT
The overall trend is upward. The descending wave pattern is truncated. The support level of 26.47 holds back the sellers. A bullish divergence has formed on the Awesome Oscillator. The inclined channel of the truncated descending pattern is breached.
Trading idea:
Buy at the break of 27.63.
Stop Loss: …
The resistance level of 20.890 held back the buyers. The currency pair trades within an upward price channel formed on the TF H1. A bearish divergence has formed on the Awesome Oscillator. An entry point for sale is formed on the rollback B.
USDMXN rate online: the price …
News for today, November 19:
European stock markets are expected to open higher on Friday as positive data from Asia and the U.S. smooth fears of a new winter Covid-19 wave. German and eurozone markets reacted to the shocking October producer price inflation, which rose another 3.8% MoM, bringing the …
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