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PD_Capital

CADMXN ....wedging again?

Long
CANADIAN DOLLAR / MEXICAN PESO (FX_IDC:CADMXN)  
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FX_IDC:CADMXN   CANADIAN DOLLAR / MEXICAN PESO
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CADMXN seems to be "wedging" again and about to break to the upside. Just like in early 2020, we seem to have seen a failed attempt to break lower that triggered a potential multifigure move to the upside. Keeping an eye on it!

Commento:
...and there it goes. CADMXN has broken to the upside as we expected with potential targets above 18. if not long already, there is chance we re-test the downtrend before we continue higher.
Commento:
Break...retest.. and moving higher. just like we thought it would do. Higher levels ahead.

Idee correlate

PD_Capital
EURMXN..another wedge, another break?
PD_Capital
USDCAD path....
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