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aibek

USDMXN could hit 26.70-27.50 after correction

Long
U.S. Dollar / Mexican Peso (FX:USDMXN)  
aibek Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
Wave Analysis USDMXN mxn mexico peso mexicanpeso
15
0
waveanalysis usdmxn mxn mexico peso mexicanpeso
The wave Y reached equal distance of wave W. It could dip lower to 22.80 (valley of wave W).
The trend then will resume to the upside.
It could hit between 26.70 and 27.50.
I see oil lower and oil related currencies could drop.
Comment:
Update
watch 23.64 if breaks then WXY model could unfold with drop down.
snapshot

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