MXN - PESO Time Will Reveal - Movement Imminent

Dolar A.S. / Peso Mexico (FOREXCOM:USDMXN)

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FOREXCOM:USDMXN Dolar A.S. / Peso Mexico

Peso has steadily trended down. There are signs of possible reversal in trend and signs of trending up. DXY is now at levels not seen since early-mid October. RSI is following the trend line up. We now have a higher low as indicated by the small support lines. MACD is showing signs of trending upwards. Any additional pain may cause Peso to drop lower and test 18.50 levels, keep close eye.

Komen:

Peso broke through 1st support, lets see how this pans out. Not looking favorable, may actually test 18.50...yikes

Komen:

MOVEMENT CAME

Penafian

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