USDMXN price is currently at the weekly profit zone for bears (WM1) so maybe we see some profit taking and price moves up to WPP. I am going to look for an opportunity to go long USDMXN
On the Lower time frame price seems to be double bottoming so if this reversal pattern completes and makes a higher high i will be looking to go long on the pullback
About The Post
About The Forex Analyst
Graduate in Bcom Human Resources Management. I am a full time Currency Trader and Market Analyst using technical and fundamental analysis, I have been trading in the Forex market since 2016. I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking to learn and improve my skills as a professional, consistent and successful Trader & Investor for above average returns and a better understanding of the financial industry and financial markets.