USD/MXN had quite a drop. I believe that it will bounce off of this long term resistance, and retrace to at least 19.512 (0.236 fib retracement) - before falling further.
Hidden Bullish divergence on 4 hour
Hidden Bullish divergence on 4 hour
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We might be headed down to test the fib resistance at ~17.5, or low 18's before turning around
Bình luận:
Some levels to watch for a reversal - 18.65, 18.3, 18.09, and 17.5