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tysmJesus
May 25, 2020 3:44 PM

ITS BEARISH  Short

U.S. Dollar/Mexican PesoFXCM

Description

It’s a clear bear set up that the USDMXN is heading to support level of (18.500).

As seen on the DAILY TF the price has broken the 20MA AND 50MA and has set the tone for a downward trend to lows of $18.

In My Opinion I am DEFINITELY going SHORT on this one. Since the price had broken an area of volume forming a medium term downtrend.
Comments
felixmalandi
i definetly agree to this analysis
tysmJesus
@felixmalandi thank you
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