Maintain Channel Until China Trade Deadline - Oct 15

FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
It is appearing that the Peso will maintain the trend line but stay within the ~19.50 - ~19.80 channel. RSI is showing possible lower drop but eventually heading back up. If trade talks do not go well, expect Peso to test recent highs and shoot higher in the short term. Shaded zone represents time from now to Oct 15 when tariffs kick in. Also take into account Mexican FED wanting to lower interest rates by 25-50 basis points (.25%-.5%). October is looking to be an interesting month!
Great update, thanks!
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