crncy

USDmxn false breakout. s&d analysis.

Short
crncy Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
16

USDMXN hit new all time highs and drop very sharply. This was the biggest bearish daily candle since 2016-02-17.
  • Double top on 4h - first target is 19.00
  • Weekly demand area 18.30
  • Monthly demand area 17.00
  • Sep 29, Central Bank Interest Rate
Comment:
18.30 demand area
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.