GibbsGibbleton
Short

Bearish Channel headed bellow 18.50

OANDA:USDMXN   U.S. Dollar / Mexican Peso
Today mxnusd             pair has decoupled from DXY             and is headed south testing the most recent 2-week lows.
Comment: The resistance at 18.54 is impressive and might keep the price from reaching the 18.50 target. Wath for activity above 18.59 as it could break the bearish sentiment.

For now, the bear remains hungry! :D
Comment:

Potential start of bullish run

The market seems to have defined a higher level but the trend'ss direction remains bearish.
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