Daniel.B

Long again until trend ends.

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
5
Hey how's it going traders, well its that time of the year again to go long USDMXN. Stop loss is below the 100 Moving Average (Support); Stop loss order is the red horizontal line. 1st target is 16.6880 for a roughly 1:1/1.2 R/R . 2nd Target is at the top of support at the 17.2000 level (marked by a green horizontal line).

Note: There is negative long swap on this pair so take that into consideration when choosing position sizing, stops, time, etc.
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