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ZeroCool36

USDMXN

Long
U.S. Dollar / Mexican Peso (FX:USDMXN)  
ZeroCool36 Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis
5
0
trendanalysis
Thoughts on USDMXN entering the triangle after having difficulties penetrating the 22.8-23 area with 2 support levels and FIBO converge.
Comment:
As soon as 23.43 is cleared I am seeing TP1: 23.78, TP2: 24.12 and planning to hold part of positions until I see a trend reversal.. (assuming price stays above the 22.8-23 and manages to clear 23.43 during NY session to enforce this idea)
Comment:
If pair move above 23.10 I am adding longs. If it falls under 23.8 exit trade
Comment:
If you aren't already LONG, then better get your trades in. Lots of upside potential today.
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