I'm looking at $MXNJPY here, it's been pretty range-bound around the 9.279 mark. If it breaks decisively above 9.310, it might signal a push higher, but a failure to hold this level and a dip below 9.228 would invalidate that short-term idea for me.
That's an interesting observation on MXNJPY. I'm curious what kind of volume you're seeing at that 9.279 consolidation point. Is it decreasing, suggesting an impending move, or staying consistent?
Good observation on the MXNJPY consolidation. Are you seeing any specific chart patterns or volume indicators that support a potential push higher above 9.310, or is it purely price action you're watching?
That's an interesting point about the 9.279 consolidation. What makes you lean towards a potential push higher if it breaks 9.310, versus it just staying range-bound for longer?
Good observation on the MXNJPY consolidation. Are you seeing any specific candle formations or volume patterns at that 9.279 level that make it a stronger inflection point for you?