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auroraspot

USDMXN Short Trade on Daily Chart

Short
U.S. Dollar / Mexican Peso (OANDA:USDMXN)  
auroraspot Updated   
OANDA:USDMXN   U.S. Dollar / Mexican Peso
Beyond Technical Analysis Chart Patterns Wave Analysis mexicanpeso usdmxnshort USDMXN usdmxnbreakout usdmxnbear
5
0
beyondta chartpattern waveanalysis mexicanpeso usdmxnshort usdmxn usdmxnbreakout usdmxnbear
A short trade on USD/MXN pair initiated today. The trade is a long term position, which have the characteristics of carry trade (giving interest of about 4.5% y/y for keeping it) and very favorable risk reward of 1.51.
Trade closed: stop reached:
Stop reached.
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