USDMXN trade ideas
USDMXN ShortThere is a 4hr bullish divergence that must clear before it continues the downward trend.
USDMXN H8 | Intraday - This pattern is still in the process of forming. Possible pullback price movement towards the resistance of 20.38 within the next period.
USDMXNHello traders
these analyze based on Fibonacci moving averages and pivot points
Good luck .....
USDMXN A Little Bit MoreHello Traders
Here is Quick Analysis on USDMXN
Base on the counting, the price is still downtrend to complete wave 5
USD/MXN Bulls: Tracking the Big Players. What is Next?This pair is now in a Downtrend Market. We are seeing two possible zones where Bulls may enter the market.
If the Bulls fail to successfully defend the 20.20 Demand Area, then we expect the market to focus next on the 19.60 Demand Area. The 19.60 Demand Area is a fresh demand zone which has not been tested before.
The Buy Zone is the Green Circle. We can use the Fibonacci Levels on the Chart for our Profit Target Levels. First Target TP is 19.97, Second Target TP is the 20.33 Area, and the Final Target TP is 20.58 Area.
Supply and Demand all the Way!! Happy Easter, Traders!!
