We managed to see a crucial retest from 61.8 fib level for USDMXN. A good exotic pair to enter a BUY trade as we see it heading towards the resistance level @23.2200. As we starting seeing USD gaining strength, I believe price level could break 23.2200 resistance and head towards 1.618 fib level where we starts to see strong resistance pressure which we could potentially see a fall from there retesting 23.2200 and heading for the next resistance at close to 25.0000 price level. As of now, I will trade the BULLISH opportunity but do watch out for possible rejection at 24.0000 price level.
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