We could possibly get a good short position at 18.85000 on the Weekly M3 if you still believe that money from the U.S. could still be flowing to mexico due to mexican remittance.

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2 thoughts on “USDMXN Bearish Retest on WM3”

  1. Maryna says:

    Hey Daniel, as per my post earlier USD is a weaker currency today, so just trade your charts. Mexican remittance is just 1 reason for selling, but more important is to ask if USD is still weak going into the US session now. I did my analysis at 5:00am CAT, so it’s nearly 11 hours later. Most of the currencies already moved in the pre/London session, so the US session may be a pull-back session when it opens. Does it make sense?

  2. Maryna says:

    USDCHF looking bearish still, but not a good price to enter it now, wait for a retracement if you want to sell.

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