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MMFXSignals

USDMXN SHORT TRADE

Short
U.S. Dollar / Mexican Peso (FX:USDMXN)  
MMFXSignals Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
Supply and Demand Fibonacci Chart Patterns Forex Currencies USD mxn USDMXN exotics sellsignal signalprovider
21
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supplyanddemand fibonacci chartpattern forex currencies usd mxn usdmxn exotics sellsignal signalprovider
USDMXN broke lower limit of triangle pattern
Price is based below HVN at level 24.0610 which indicates that pair is in distribution phase
Below SMA 100 on H4 frame
MACD shows bearish momentum
RSI is in downtrend
It's expected going down testing daily support level at 22.0264 which corresponds to 127% Fibonacci expansion
Trade active:
Running +670 pips
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