USDMXN has been ina bearish rally down to 2016 price. Nevertheless MACD is showing divergence which was nearly enough to break te threndline and start a pullback correction right above the trendline. Regarding this friday news the price closed right on top of the trendline and on a daily level (DL).
Depending on DXY and todays news price might break down to touch lower monthly level (ML) or start an impulse to reach upper Monthly level (ML)