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| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇘ |
USD/MXN is trading in two channels simultaneously. The senior pattern is a rather chaotic channel that has confined the rate since late July.
Meanwhile, the junior formation resulted from a consolidation period effective since September 6 when the US Dollar began trading between the monthly PP and S1 in the 17.84/17.62 area. Two possible scenarios might occur. First, the rate surpassing the 200-, 100– and 55-hour SMAs might set the Greenback for a surge towards the monthly R1 at 18.11.
As a result, both channel would be breached. Second, other technical indicators might still support a minor upward movement until the weekly R2 or R3, but eventually turn the rate south until the 100– and 200-hour SMAs and the weekly PP near the 17.72 mark are reached.