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Norwegiantrading
Jun 22, 2020 11:38 AM

USDMXN IN A DESCENDING CHANNEL Short

FX:USDMXN240
U.S. Dollar/Mexican PesoFXCM

Description

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USDMXN is currently in a descending channel. I would like to go for a sell if price reverses from the trend line. Be aware of support at 22.18. Price could react of this support so keep an eye on it.

Trend AnalysisTrend LinesParallel ChannelUSDMXNDescending Channel
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