WEDGE IDENTIFIED

Hello Traders! Well I guess it's obvious, we have a possible wedge in developing on the Peso. You can trade it or wait on a breakout. Either way, they are great patterns to trade and master. We are seeing a rally to retest the top and if respected, we may see a push back down. The question is... will this break to the downside? And if it does, could it be a significant drop? The dollar is at an all time high against the Peso, could we see a sell-off? Or will this market continue to rally?

-Rum