reddan256

MXNUSD [13Dec2021]

Short
FX_IDC:MXNUSD   MEXICAN PESO / U.S. DOLLAR
Background bearish signal is getting stronger as it is approaching the top end of the range. Volatility is still notably high and it is decelerating. Usually this happens when approaching the top end of the range due to volume balancing.
I will wait to short more at the top of the range.

Good luck out there
Redd


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.