Intra day Study: Oscillators at the breakeven inflection point, price pattern shows a bearish trend for today while MACD approaches negative territory, bearish support confirmation for today set as 12.95 following fibo projections, none stochastic still triggering oversold. We could this bearish near term correction continuing for today
Daily period study over usd/mxn, bulls have not yet to worry about for a main reverse trend as all the daily period oscillators still confirm a bullish trend, today's candle penetrate the cloud support but still is a winning candle, crossover within the cloud next to chikou shows trading period but not a strong trend reversal yet., support set within the cloud at 12.80
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