USDMXN is coming down nicely, but still sitting on that trendline support which I think can be broken this week. Ideally, pair will then continue south to 19.60-20.00 area. Resistance for B remains at 20.70/80.

A broken neckline on crude oil will be bearish for USDMXN.
Crude OilElliott WaveelliotwaveanalysisUSDMXN

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