Aerdynamik

USDMXN LONG - 3 PILLARS.

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
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3
Hey guys, I am putting an idea that's yet to be executed. If we get to 20.21 I'd suggest to put up a buy order. We'd be supported by three technicals:
1) Daily swing lows
2) 100 day Moving Average
3) 0,5 FIB

SL below the 0,5 FIB. TP at 20.7

Comments

Entered at the indicated area, we are doing pretty good however, a few hollow candles on friday charts may indicated some major resistance forming. Nethertheless we are on a +. Good luck everyone in upcoming week.
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