USD/MXN Hourly Study shows a big space for a positive divergence forming, still need to wait for all the confirmations signals. Momentum indicators are beginning to push up but still everything remains on the bearish side whit quite volatile gap on the 10 periods Bollinger, don’t forget to note the bullish piercing pattern on the candles, good time to go intra day long.
USD/MXN Daily weak buying signals on the oscillators and a price loosing momentum over our daily span, bullish crossover under the cloud and a upward correction signal on the candles price formation may end up in a morning star, after last three days drmatic decrease today is a good day to go long.
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