Below 18.50, UsdMxn is a short
19 will be a crucial area to understand if the uptrend might have chances to resume or if it would reverse into a downtrend. I believe we are close to see the beginning of a new trend. However, it is suggested not to trade until it will be clear the new trend. Below 18.50, and ONLY after a re-test of area 19, it is suggested to short the pair.
Further comments to be underlined:
- A reversal pin ball formed in January
- Bearish divergence on Coppock Curve
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Further comments to be underlined:
- A reversal pin ball formed in January
- Bearish divergence on Coppock Curve
Do not forget to follow us on wallstreetimes.com
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