UnknownUnicorn9610108

USDMXN Possible Long Opportunities

Long
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
USDMXN completed a deep reversal completing a bullish bat pattern on the 4 hour timeframe. Not only that, but reacted very nicely to an area of daily demand. Long opportunities could be possibly taken from this area as long as price holds above the demand area and starts shifting structure to the bullish side. Possible profit targets are marked in the chart.