USDMXN Overextended

102
Zooming out to the bigger picture, we can see that we are approaching a strong support level around 18.60 (green zone), with bearish RSI divergence.

There is a high probability that this zone will serve as a catalyst for USD strength, at list in the short term.

Initial targets would be:
minor blue resistance zone around 19.20
major gray resistance zone around 19.75

I will be watching for reversal patterns in smaller timeframes after a test of green support.

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