RF1508

Peso reversing ???

Long
OANDA:USDMXN   U.S. Dollar / Mexican Peso
USDMXN has made a higher low right after hitting that weekly swing level.
Now it looks like price is breaking out to the upside. You can buy the breakout or wait for a new higher low.

Either way; keep a tight SL because we are still in the London session and this pair will get traction during the US session.

Trade safely!
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.