Tue, 31 Jan 2017 11:09:12 GMT
USD/MXN 4H Chart: Channel Down
The recent recovery in the Mexican Peso against the US Dollar is represented by a descending channel pattern. However, the pattern is about to become obsolete, as the currency exchange rate has already reached a larger scale ascending channel's lower trend line and rebounded against it. Due to that the Greenback is set to continue its surge against the Mexican