USDMXN Bearish Breakout

Feb 17

USDMXN has had difficulties creating higher structure while slowy going down on every failed attempt to break higher. Price has recently broken below a key support which shows that sellers are in control especially knowing the macro economics circumstances. My target is at 16.82000 .

Feb 20

Note

Structure broken

Mar 3

Note

We have created new lower highs.

Mar 3

Note

Mar 8

Note

Approaching our target

Mar 10

Note

Target hit