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treymc123
Feb 25, 2021 6:43 PM

SHORT USDMXN!!! Short

U.S. Dollar / Mexican PesoFOREX.com

Description

Possible head and shoulders

Comment

FYI:
This should have been included in the description but I forgot to place it in there. So the head that formed is a previous resistance price from June 14th, 2018. During this week:
Trump boasts of summit success despite lingering concerns
Trump nominated for Nobel Peace Prize for North Korea summit
Pence touts administration actions to Southern Baptist Convention

On the 14th June 2018 the spot inter-bank market saw:
Open: 1 USD = 20.6674 MXN

Close: 1 USD = 20.8475 MXN

Average: 1 USD = 20.6338 MXN

Lowest: 1 USD = 20.6197 MXN

Highest: 1 USD = 20.6479 MXN

Comment

Wow the accuracy on this call.
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