USDMXN ANALYSIS
USDMXN broke major downtrendline
Price is based above HVN at level 22.2121 which indicates that pair is in accumulation phase
Price respects uptrendline
Broke consolidation triangle pattern
MACD shows weakness of bearish momentum
RSI is above level 50
It's expected for coming bullish wave to target first key level at 23.6035
then target following resistance level at 24.3960
Price is based above HVN at level 22.2121 which indicates that pair is in accumulation phase
Price respects uptrendline
Broke consolidation triangle pattern
MACD shows weakness of bearish momentum
RSI is above level 50
It's expected for coming bullish wave to target first key level at 23.6035
then target following resistance level at 24.3960
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