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