TradingView
ForecastCity_World
Jan 8, 2021 3:58 PM

There is a possibility of the beginning an uptrend in USDMXN Long

U.S. Dollar/Mexican PesoFXCM

Description

Midterm forecast:
While the price is above the support 19.5970 , beginning of uptrend is expected.
If the support at 19.5970 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 37.

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Comments
sara-kian-fx
we are all students of the market and learning constantly from it, Appreciated your content
Josef_anderson
Good job my friend.
Pro_Trader_007
Brilliant insight
Forecast_Crypto
Your Analysis is Superb Bro The Timing and Accuracy You Provide is Great!
TheSignalyst
i can't agree more especially with a strong DXY soon!
More