Mexican Peso: where to now? My USD/MXN long.

2020년 11월 19일

Hello traders,

as I mentioned in my previous video, one of my current buys is USD/MXN (on my demo account).

In my video I look at:

RSI, daily to monthly;
parallel channel over several years;
Fibonacci retracements;
long-term resistance-turned-support (that the pair is currently testing);
Volume-to-price relationship in the last few days of price action in the Mexico MSCI iShares ETF;
price and the 100-day moving average.

See what you think!

Take care
Trade safe
Francesco (FreeFX)