Sunday, September 22, 2019
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Technical Analysis – USD/MXN rockets to 4-month highs

USD/MXN rockets to 4-month highs; bias switches to bullish. USD/MXN skyrocketed to a fresh four-month high of 19.7071, penetrating the consolidation area of 18.7440 – 19.7071 to the upside and switching the short-term picture from neutral to positive. The technical indicators are feeding prospects for positive short-term trading; the RSI is entering the overbought territory,

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