Monday, March 8, 2010

08/MAr/2010


USD/MXN Long term daily observation Study: trend movements running out exhaust for today, long-legged Doji forming today warning us for missed of validation on the bearish trend as it losses momentum but keep the oscillators strong in the trend direction.

USD/MXN Intra day hourly Study: Mild ipward correction price movement as the stoch’s yield on the bullish side and an RSI shows positive skewed, price testing the 23.6% fibo level at 12.63 and pushing to the 12.65, resistance for today set at 12.67 level






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