USD/MXN bulls clearly in charge
As previously said, MACD confirmed divergence on daily basis and exchange is finally well back into the long term trend channel. It seems like bull-bear fight has concluded and bulls won. Today´s high @ 18.16 could need a small rest, but it should not go under 17.60 again. We are still long and still waiting for the 19.00 to get out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.