Altho the Dollar weakness is seen accross the board, there are a couple of exceptions, and MXN is one of them. IF, USD can gain the light blue coloured level there is high likelihood for us to see 23.50 later.
Let's watch the price action on those levels
Let's watch the price action on those levels
Trade active
First target broken through, now looking at what will happen at 22.56Note
Choppy trend but still on its way, should really break 22.56 next try, or otherwise will start looking more probable to go for a down move firstNote
Dollar looks like will definetly go at this point. The support held. After reaching second target on this trade I tought it could turn around. Turns out its failing to do so, aiming for the next targetDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.