ZenithG

Possible Breakdown Coming

FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
After reaching recent highs, to me, the Peso is looking like it wants to start settling within the next shadowed area approx: 18.95 - 19.28ish. Keep in mind the Peso trended in the range for several months this year. 6 Day EMA bounced off the 23 Day EMA and started to trend down as you can see within the chart.
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