FX:USDMXN U.S. Dollar/Mexican Peso
Here we had several indications pointing to this currency pair going . Price failed to break the 17.5000 Monthly Key Level of Support then formed a . As you can see, the most recent reaction of note occurred when price broke out of the (formed by the two aqua D1 TLs) and closed above only to rally towards the 18.0000 Monthly Key Level of Resistance. Per my rules of TL breaks, I'm looking to target the 18.3000 area for the next major TP, after a correction.