Elliott wave Analysis: USDMXN Trading in a Temporary Correction

USDMXN made a clear five-wave drop from 19.913 high, where a higher degree wave C found a top. We labeled this five-wave decline as wave I, the first wave of a bigger bearish cycle, which can resume once the current corrective wave II finds resistance. As we know, wave II is a corrective wave, meaning […]

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