almost 6% lower in 2 days may be enough for the MXN

4 Haz

Intraday Update: The USDMXN has reached the 127% extension (close with a high at 18.1988) and intraday RSI's are very overbought which has prompted us to remove the Pattern in Play near term. Looking for dips back to 17.60/17.50 to be supportive in the days ahead.