Hourly USD/MXN still up on the bullish trading channel but we can note of the correction negative divergence with RSI forming a technical rebound along with the upward tendency of the Rate of Change, MACD Oscillator remains positive but still weak as volatility continue to increase after the reversal of a quite pronounced bearish period. Resistance for tomorrow settled 12.98. near term recommendation: HOLD
Long term USD/MXN Western Indicators yield timid buy signals with RSI about to break the 50 goal line and a barely positive MACD difference as strong upward movement happened today pushin the price way outside the main trading channel, Japanese sceptic and conservative indicators trigger three strong bearish signals. Last days have been of high volatility as the spread on Bollinger bands states, Hold any current winning long position but no the best time to move in yet
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