FadiZakka

USDMXN Wave/Pattern Analysis

FX:USDMXN   U.S. Dollar / Mexican Peso
Hello Traders,

USDMXN has been trading nicely with patterns

In the recent weeks it has been pulling but towards the Higher Low Support zone and technically is now on the optimal long term buy level. A 2 year long RSI figure also suggests a buy near 40.000. We are taking this opportunity to go long with TP = 19.48600.

Comments and likes are greatly appreciated.

Good luck traders and trade safe!

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.