Bearish Channel headed bellow 18.50
Today mxnusd pair has decoupled from DXY and is headed south testing the most recent 2-week lows.
Note
The resistance at 18.54 is impressive and might keep the price from reaching the 18.50 target. Wath for activity above 18.59 as it could break the bearish sentiment.For now, the bear remains hungry! :D
Note
Potential start of bullish run
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Disclaimer
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.