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flexxfx

Strong Resistance underpinned by a raising wedge - Short USDMXN

Short
U.S. Dollar / Mexican Peso (FOREXCOM:USDMXN)  
flexxfx  
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Price currently at a multi year resistance zone. Price is currently underpinned by a raising wedge. Price has currently broken and tested the resistance zone on 4 hours time zone, therefore, a high chance of dropping.. However, there is a chance for one move up before the drop.
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