MujkanovicFX
Short

USDMXN breaks SHS neckline, 2000+ pips target

FX:USDMXN   U.S. Dollar / Mexican Peso
The support around 19.20 failed to stop the downward pressure in USDMXN , with the pair breaking below the neckline of an SHS pattern.

The pattern suggests a target at around 18.94, but I would prefer to follow a more conservative approach and aim at 19.00 instead, which also aligns with a rising trendline support.
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