Thu, 09 Feb 2017 15:55:29 GMT
USD/MXN 4H Chart: Channel Down
The US Dollar is losing ground against the Mexican Peso in medium and long term descending channels, as the currency exchange rate trades near the 20.50 mark. In the meantime, on a smaller scale the currency pair is in an ascending short term channel, which represents the rates movement from a combined support of the medium and long term channel