USDMXN has had difficulties creating higher structure while slowy going down on every failed attempt to break higher. Price has recently broken below a key support which shows that sellers are in control especially knowing the macro economics circumstances. My target is at 16.82000 .
Note
Structure brokenNote
We have created new lower highs.Note
Note
Approaching our targetNote
Target hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.