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PrimedGroup

Bullish Reversal on USDMXN (Positive RR of +2.27)

Long
U.S. Dollar / Mexican Peso (FX:USDMXN)  
PrimedGroup  
FX:USDMXN   U.S. Dollar / Mexican Peso
Chart Patterns Technical Indicators Beyond Technical Analysis USDMXN exotics exoticcurrency USD mxn
2
0
chartpattern indicator beyondta usdmxn exotics exoticcurrency usd mxn
USDMXN is coming out of a bullish reversal contraction which has found support at an important DC level 18.89460, only then can we focus on trading till the TP levels (green).
The main two resistances price action needs to break are 19.04180 and 19.12485.

TP #1 - 19.27560 ( pips 3299 / RR 2.27 ) our profit target
TP #2 - 19.36510 ( pips 4190 / RR 2.90 )

SL - 18.80055 ( pips 1450 )
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