Buy USDMXN // 1D Interval

10 בינו׳ 2018

Looking at this currency pair it looks like there is a channel forming. It has met the same resistance line twice and is looking to meet the Trend line for support. The RSI matches close to where the peaks have hit resistance and where the second possible touch for support (on the Trend line) will be. The black ray is a historical support/resistance line.

Let me know what you think, thanks!