On the daily outlook bullish price formation is taking place on the candlesticks while the price gains momentum, mild buy signals over RSI and MACD, we can expects it breaks the 13.00 resistance level over the next days.
USD/MXN Intra day short-term analysis yields a positive outcome from last time we look into this chart, General up trend with minor corrections establishing a new trading channel between the 12.85s and 12.95s Bullish positive MACD with minor correction, bearish engulfing pattern forming so we can expect another price reversal to set the price back into the trading channel.
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