This looks like a very textbook bullish flag with a triangle.

U.S. Dollar / Mexican Peso (FX:USDMXN)

Updated

FX:USDMXN U.S. Dollar / Mexican Peso

Flag Triangle

If broken to the upside could it get 30% up?

Comment:

Well it clearly broke down to the less likely side and has almost reached the target to the short side. I never thought that would happen. It really looked like it would break up to 31.

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