USDMXN - the ending of the big falling wedge

Long

U.S. Dollar / Mexican Peso (FX:USDMXN)

Updated

FX:USDMXN U.S. Dollar / Mexican Peso

Chart Patterns

chartpattern

See the chart.
It should go north, especially if COVID hits hard Mexico again in Autumn.

Comment:

First target has been hit. You can either:
- close your long positions (8% profit :P) then open short one with tight stop loss (I expect correction to 21.0)
or
- close half of your long positions, and set SL for remaining ones @20,70
Good luck.

Comment:

Second target has been hit. Enjoy your profit... :)

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