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USDMXN: Long term Buy opportunity on 1M.

Largo
Dólar estadounidense/Peso mexicano (FX_IDC:USDMXN)  
InvestingScope  
FX_IDC:USDMXN   Dólar estadounidense/Peso mexicano
Trend Analysis Chart Patterns Technical Indicators USDMXN USD mxn DJ FXCM Index dollar mexicanpeso Forex Currencies currency
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trendanalysis chartpattern indicator usdmxn usd mxn usdollar dollar mexicanpeso forex currencies currency
The pair is trading within a 1M Channel Up (RSI = 50.675, MACD = 0.234, Highs/Lows = 0.0000) currently testing the Higher Low zone. A narrower H&S formation on 1W allows to consider the current area the start of the new bullish leg towards a new High. We are long with TP = 20.9600.





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