If our analysis on the daily chart is correct (see chart below), the pair should complete the corrective structure (ABC) and we will try to take long position around (C) area with stop below the low.
OUR DAILY ANALYSIS
(Click and Play on chart)
![[USDMXN] FORECAST](https://tradingview.sweetlogin.com/proxy-s3/v/vGhTxzMv_mid.png)
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OUR DAILY ANALYSIS
(Click and Play on chart)
If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button!
Thank you for support and trade with care!
Trade closed: target reached
Note
another potential bullish leg?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.