TradingView
ForexAnalytix
Oct 28, 2021 2:42 PM

EURMXN longer term Long

FOREXCOM:EURMXN1D
Euro / Mexican PesoFOREX.com

Description

⋅
EURMXN is making higher lows in a descending wedge which is typically a reversal setup (higher in this case). There is a strong inverse relationship with risk assets (SPX in this case) so a move above 24.1700 would be a very bullish event.
Trend AnalysisBeyond Technical AnalysisEURMXNmxnpesomexicanpeso
More