USD/MXN Rally over peso is long gone for now, stochastic hesitating to take the first dip and MACD flirts with weak correction crossover below the -1 line, price channel between the 12.74 line and the 12.78. we bearish trading channel with heavy inflection undetermined hourly period. We can expect minor upward correction among the same downside trend for the next few days to come
USD/MXN: Daily Studies showed all Japanese textbook confirmed bearish signals with decreasing daily momentum, 12.7525 barrier tested, lowest closed in the last six month period was 12.65, Bearish price formation taking place
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