USD/MXN

USD/MXN SINCE 1985

62
So the long term resistance (in the 30 years time frame) is already broken and indicators are overbought. The same occurs with the short term chart (2 years). It all makes me think we may be approaching the so long waited change in trend, but even when there was a lot of panic after Trump´s victory, I do not see capitulation. It looks exhausted but we still have more news to come which might give it some fuel for a final move to he updside.

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