The daily shows the USD MXN racing up to 20.31860, the .618 is at 20.72134, however the RSI has just met the sell zone. Is it time for some Racing Pips?
Racing Pips with USD MXN
The hourly shows the USD MXN in a bit of consolidation at 20.31840 and the .618 at 20.86758. Will it continue down to the trend line or will it retrace and continue it’s race to the .618? Let’s hope for soem racing pips!
What are your thoughts?