e_dollazz
Short

USDMXN bearish momentum!!!

OANDA:USDMXN   U.S. Dollar / Mexican Peso
Price recently broke out of channel, expecting price to reach 22.11 as this market looks very bearish at the moment. Short position was taking at 23.00, will be looking to add to my position.

Comments

Pullback to 22's in June. Range 21.9 - 22.8 (2-3 Weeks) / July-August Will see R/S Levels in 22-23 Range. THEN... WATCH OUT. Going to 25-27 as Regular R/S Range With potential Pops into the 27-30 MXD to $1.00 USD moving into Q4. I may be wrong. BUT... ;))
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