At the H4 chart of USDMXN, it seems that the instrument is in an ABC bullish zigzag, more precisely in the beginning of wave C. Also, a buy fractal is forming above the Alligator indicator with AO above the zero line. Pending buy level if the price breaks the fractal.
ForexTechnical IndicatorsLONGTrend AnalysisUSDMXNWave Analysis

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