Been watching the USD/MXN pair. While I believe the dollar is soon going to tank, it looks to me like the 18.25 level is strong and has held many times in the past. Daily MACD shows a huge divergence. Looks like the market is searching for a momentary bottom before the “point of no return”. My limit is 19 even. After that I’ll only be looking for opportunities to short USD for the long haul.
Good Trading Everyone