ForecastCity

There is a possibility of the beginning an uptrend in USDMXN

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
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 above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.

❤️ 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 ❤️
HighAccurate forecast for
★36 Forex Pairs:1.010.346 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 9 languages

since 2007

http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com

Comments

Good call! tnx for sharing it.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome.
Reply
You had anticipated the direction so right. I should always keep an eye on your ideas.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks for your comment.
Reply
Nice chart. Thanks
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We're happy to help!
Reply
I love the idea, as usual great detailed and helpful.
Reply