Look at MACD on weekly basis

FX:USDMXN   U.S. Dollar / Mexican Peso
8 0 2
The ups and downs since last february has bulls and bears out of control. However, consider that over the period MACD has gone from overbought to almost neutral, so I still think it will return to the uptrend channel from the period oct 2014-jan 2016. If it manages to close above 17.50 it will easily go to the upper line @ 19.00
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