USDMXN TO PREVIOUS LOWS
USDMXN could retrace back into the swing lows as the price has found support at the
weekly trendline support. The RSI has also gone into an oversold condition suggesting
the impulse move is overextended. This gives us the opportunity to look for short-term
long positions into the swing lows at 19.34.
weekly trendline support. The RSI has also gone into an oversold condition suggesting
the impulse move is overextended. This gives us the opportunity to look for short-term
long positions into the swing lows at 19.34.
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