Sharp bullish wave ended at level 25.5137
Now USDMXN pair is in trading range forming Head and Shoulders pattern
MACD shows bearish momentum
It's expected to target first neckline at level 23.8222
then target demand zone at level 21.0992 which corresponds to the classical target of Head and shoulders pattern
Now USDMXN pair is in trading range forming Head and Shoulders pattern
MACD shows bearish momentum
It's expected to target first neckline at level 23.8222
then target demand zone at level 21.0992 which corresponds to the classical target of Head and shoulders pattern
Trade active:
Running +660 pips