Tuesday, July 1, 2014

USDMXN: Head-And-Shoulders Pattern Targets 2014 Lows

Look at the 4hr chart, the pair has carved out a crystal clear Head-and-Shoulders pattern over the last three weeks. For the uninitiated, this classic technical pattern shows a shift from an uptrend (higher highs and higher lows) to a downtrend (lower highs and lower lows) and is confirmed now



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