USDMXN - Long Idea.

2019-12-31 07:38:43

This pair was shown to me by another Tradingview champion. I won't trade it because the swaps are silly with my broker. but...
The technical picture is quite clean among other USD pairs. I am in a USDCHF long currently.

1. MACD divergence
2. RSI "good enough"
3. Clean Candle pattern on the daily, "Tweezer Bottom"
4. Price at Support, and the USD has sold off so much lately.

I recommend extreme caution over this week. but it is a trading idea.

-Happy Trading!