Get started
GibbsGibbleton

USDMXN Bearish Correction, Potential Reversal around 18.60

Long
U.S. Dollar / Mexican Peso (FX:USDMXN)  
GibbsGibbleton  
FX:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis MXNUSD USDMXN nafta mexican election
4
1
trendanalysis mxnusd usdmxn nafta mexican election
Mexico gains a steady recovery after an overnight bullish rally. The price seems to be consolidating between the range of 18.70-50.

I expect the price will trend lower but high volatility could see the price reverse at the bullish channel support and test the recent high's above 18.73
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.