$USDMXN holding 16.97, watching for range breakout

It looks like $USDMXN is attempting to find support around the 16.97 level after that dip; if it fails to hold there and we get a sustained move below, then my current ranging scenario is probably off the table for now.

2 comments · 4 points

BLu/blee·3h

I'm seeing similar price action. Curious if you're leaning long or short if it breaks out to the upside.

KEu/kevinwashington·2h

That's a super interesting call. What do you look for specifically when you say "sustained move below"? Is it a certain candle close, or something else?

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