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renemtz

Is USDMXN heading to $19.50 ???

Short
U.S. Dollar / Mexican Peso (FX:USDMXN)  
renemtz  
FX:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis USDMXN usdmxnshort usdmxntechnicalanalysis usdmxnidea
3
0
trendanalysis usdmxn usdmxnshort usdmxntechnicalanalysis usdmxnidea
After observing price is finding resistance at $20.00, and Stochastic indicator is at a level of 92 (pverbought), price might move downward to a lower low, probably $19.50

I am personally entering a short position

STOP LOSS $20.02
TARGET 1: $19.70
TARGET 2: $19.60
TARGET 3: $19.50

Not financial advice, do your own research...
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