EURMXN losing upward momentum, looks likely to turn down

做空

Euro / Mexican Peso (FOREXCOM:EURMXN)

FOREXCOM:EURMXN Euro / Mexican Peso

Chart Patterns

chartpattern

Rough sketch of expectations. I'd be looking for a break in market structure + retrace or a sweep + reclaim of a range high to enter. Thesis invalidated if red tangent line is broken.

snapshot

snapshot

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