USDMXN - Weekly Pennant
This is a clear pattern to keep an eye on. There is no long-term direction just yet, but mid-term swing trades in lower time frames are possible within this pennant.
Strong signals:
- A clear breakout buy would be a weekly close above 21.00
- A clear breakdown sell would be a weekly sell below 18.00
Strong signals:
- A clear breakout buy would be a weekly close above 21.00
- A clear breakdown sell would be a weekly sell below 18.00
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