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30.11.2022 04:21 AM
USD/MXN Currency Pair Intraday Price Movement Technical Analysis Wednesday November 30, 2022.

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With price movements moving below the Moving Average of the 100 period and the CCI indicator still moving in the range of 0 to -100 levels on the 4-hour chart, the condition of the USD/MXN currency pair is confirmed to be still moving in a bearish bias while currently an upward correction is occurring. stuck at the Resistance level 19,268-19,240 if this level area is strong to hold the upward correction rate and does not exceed the 19,390 level then USD/MXN will have the potential to fall again down to the 19,036 level.

(Disclaimer)

Arief Makmur,
Analytical expert of InstaForex
© 2007-2025
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