The inverse correlaion between oil and the dollar remains , therefore fell last week nearly 140 pesos.
With falls on Thursday and Friday a pattern of bearish candles known as "Techo en Pinzas" was formed. This move leaves the 3,320 as a resistance .
While the dollar does not close above 3,320 , there is a likelihood of a correction towards 3,120 or 3,060 ; Prices in this area are above previous minimum and the uptrend line , which act as support areas.
If the dollar closed above 3,330 , it is likely that the upward trend comes back and the dollars set a new high.
With falls on Thursday and Friday a pattern of bearish candles known as "Techo en Pinzas" was formed. This move leaves the 3,320 as a resistance .
While the dollar does not close above 3,320 , there is a likelihood of a correction towards 3,120 or 3,060 ; Prices in this area are above previous minimum and the uptrend line , which act as support areas.
If the dollar closed above 3,330 , it is likely that the upward trend comes back and the dollars set a new high.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.