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ZenithG

February Peso Building Steam - Potential to Rise

U.S. Dollar / Mexican Peso (FOREXCOM:USDMXN)  
ZenithG  
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Since December, the Peso has trended downwards. Currently, it appears the rate of loss has stabilized and now looking to find the proper opportunity to start trending up.
Looking at RSI, is should stay above the base line drawn.
Confirmation with MACD to follow upward trend.
Make sure to look at DXY for correlation same goes with EWW.
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