is trading close to a very solid support near the 200 EMA
in weekly candle. It has been bouncing since November last year from that same support. The last time it broke the 200 ema
was in May 2013; in February of last year it reacted strongly when it touched it. From my perspective, an upward rebound is more likely than a break of the support, which could reach 20.5 pesos per dollar.