InvestingScope

USDMXN: Long term Buy opportunity.

Long
FX_IDC:USDMXN   U.S. Dollar / Mexican Peso
The dominant long term pattern on USDMXN is a Triangle on 1M (total neutrality with RSI = 52.546, ADX = 27.968, Highs/Lows = 0.0000). 1D is on a Higher Lows sequence, which this 1M Triangle has show that it leads to a bullish break out. We are long with TP = 20.25000.





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