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bluepipsforexsignals

USDMXN on bearish mode and heading to 20.00

Short
USD/MXN (OANDA:USDMXN)  
bluepipsforexsignals  
OANDA:USDMXN   USD/MXN
Trend Analysis Chart Patterns Technical Indicators peso dollarindex riskon Bearish Patterns covid-2019 Coronavirus (COVID-19)
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trendanalysis chartpattern indicator peso dollarindex riskon bearish covid-2019 coronavirus

I have bearish sentiment due to

a) Technically
- the pair has reached the top and currently in declining stage
- the 30 weeks MA looks set to slope downward

b) fundametals
- risk on

i will take a short position below 22 with the target at 20
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