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Ven7ura
Aug 5, 2020 10:38 PM

USD gaining against MXN Long

USD/MXNOANDA

Description

Altho the Dollar weakness is seen accross the board, there are a couple of exceptions, and MXN is one of them. IF, USD can gain the light blue coloured level there is high likelihood for us to see 23.50 later.

Let's watch the price action on those levels

Trade active

First target broken through, now looking at what will happen at 22.56

Comment

Choppy trend but still on its way, should really break 22.56 next try, or otherwise will start looking more probable to go for a down move first

Comment

Dollar looks like will definetly go at this point. The support held. After reaching second target on this trade I tought it could turn around. Turns out its failing to do so, aiming for the next target
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