Bears in control. Expecting further downside to major support.

FX:USDMXN   U.S. Dollar / Mexican Peso
47 0 2
Good evening traders from around the world!

After a false breakout above resistance at 19.4496 price has gone back in control of the bears with another wave lower after being rejected at the descending trend line resistance.

Trade Idea: Wait for price to come to me down at 18.0000 support for a juicy buying opportunity (AGAIN) with two profit targets to be announced with another post once price comes to us.

Also notice, coincidentally 18.0000 support also turns out to be 200 Moving Average support.

Happy trading traders!
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