Monday, February 22, 2010

USD/MXN 22/FEB/2010

Daily study for USD/MXN 22/feb/2010: Today’s trading day behaves like an inflection point, due to the Doji formation on today's candle, bearish crossover about to take place on the tenkan, kijun lines, and a double dip positive divergence yielded bon the fast-slow sotch lines, today is good day to go long and at the 12.78 level to make an overnight gain in tomorrows tech rebound z



Hourly Study: USD/MXN, after reaching buttom at 12.74 usd/mxn is approaches back to the trading channel of the 12.80 momentum and oscillators trigger the buy signals as an upward that is about tu over, as the Japanese price formation yields with the shooting star formation trend reversal to bearish watch for the double top sell confirmation on the bollinger. ,rest of the day we can expect a high volatile undetermined trading day






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