USDMXN : Possible bullish reversal
The pair made an aggressive bearish reversal after 4 false breakouts of a key resistance level (daily timeframe). Now heading towards a major support level, I expect a bearish reversal to be possible.
We'll be looking for opportunities to buy after a retest of the key level of support (17.96227-17.87925). We should see the price moving towards our target 18.94617.
Please share your thoughts, do you agree with my analysis ?
We'll be looking for opportunities to buy after a retest of the key level of support (17.96227-17.87925). We should see the price moving towards our target 18.94617.
Please share your thoughts, do you agree with my analysis ?
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