USDMXN downside movement Short

U.S. Dollar/Mexican PesoFXCM

Description

⋅ Sep 4, 2016 9:19 AM

The USDMXN moved lower last week, after faded momentum and a momentum divergence.
Looks probable that it will continue its downward movement, as we made a new momentum low and downward price movement looks intact.

Trade active

⋅ Sep 7, 2016 7:27 PM

Took partical profits, rest still active.