{"id":18252,"date":"2011-01-18T09:45:53","date_gmt":"2011-01-18T14:45:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=18252"},"modified":"2011-01-18T09:45:53","modified_gmt":"2011-01-18T14:45:53","slug":"usdmxn-freefall-bottoms-out","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/18\/usdmxn-freefall-bottoms-out\/","title":{"rendered":"USD\/MXN Freefall Bottoms Out"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>This pair is showing a price just beginning to ascend out of the over-sold region on the daily <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">RSI<\/a>,  suggesting a momentum shift may be occurring to the latest string of  downward movements. The imminent bullish crosses on the daily <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Stochastic (slow)<\/a> oscillators also suggest that forex traders may have a great  opportunity to catch a trend reversal in action. When the price swings  back upward, going long with tight stops could turn out to be highly  profitable.<\/p>\n<p>\u2022\tThe next resistance levels are found at the 11.9700 levels<br \/>\n\u2022\tThe next support levels are 11.9300 levels.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/USD-MXN-18-1-2011.JPG\" alt=\"USD-MXN 18-1-2011\" width=\"505\" height=\"648\" \/><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                                                                                                  may              not             be                                             suitable                     for                    all                                                                        investors.                                       There                           is         a                                                                                                                       possibility                                            that                                                           you                                      could                                                     sustain  a                       loss                                 of              all                         of                                your                                                                                                            investment            and                                                                                           therefore            you                                                                        should                     not                                                     invest                                                    money                     that                            you                                                                     cannot                                               afford         to                                                           lose.                 You                                                                  should                         be                                  aware                      of                                              all                              the                             risks                                                                                          associated                                   with                                           Foreign                                                              Exchange                                                                       trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This pair is showing a price just beginning to ascend out of the over-sold region on the daily RSI, suggesting a momentum shift may be occurring to the latest string of downward movements. The imminent bullish crosses&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-18252","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=18252"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18252\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=18252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=18252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=18252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}