Fri, 10 Mar 2017 13:31:49 GMT
USD/MXN 4H Chart: Channel Up
The US Dollar is surging against the Mexican Peso in an ascending channel pattern. The pattern formed as a result of the rate rebounding against the lower trend line of the large scale descending channel. Moreover, the short term pattern has broken through the previously active medium term pattern. This means that a new medium term trend is in the