Long AUD/MXN Level testing upwards to the resistance zone.
Descending Triangle (Bullish Reversal Sign) into Multi-Month Support Area. A Reversal is expected to happen. Good Risk Reward Ratio: SL below 14.57 (-0.2%) TP1: 14.8 (+1.3%)
Short AUDMXN @ 16.06; TP @ 15.23, SL your choice
TRADE OF THE MONTH FOR MAY 2020 Over the last 20 years, May has been the second worst month of the year for AUDUSD with an average drop of 1.5%, In April, AUDUSD has been on a meteoric rise based on hopes that the Chinese economy will fare better than the rest of the world. Since China is the main export destination for Australian products and Australia was...
a possibly quick short to support line
FX_IDC:AUDMXN Inside the great Falling Wedge is forming an additional Falling Wedge. Should a breakout occur shortly, the conditions to follow a new trend could be verified.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
watch this top for the sell SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Consolidation and flag formation is under process sell when it broke and sell in rallies with 5000 pips target.
Long AUDMXN @ 13.8045; Tp @ 14.0806, SL your choice