USD/MXN currency pair analysis
The historical level 19.72 restrained sellers forming a multi-candle “triple bottom” figure. The descendant structures are truncated. The inclined channel of the descendant structure is breached. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when the 20.080 level is breached.
Stop-loss: 19.720.
Target levels: 20.420; 20.800.
