Futuro del peso mexicano 19-2

The USD’s recovery on Monday is likely to be an adjustment within the longer-term bear trend as the negatively-aligned U.S. Treasury yield correlation continues to drag on the greenback. Rising U.S. bond yields usually prompt a pick-up in the dollar but this relationship has reversed of late.

Chart watchers will point to a USD reversal signal Friday and early Monday DXY gains are encouraging, but the longer-term decline and the confused USD backdrop are still in play

200 DMA= 537.80
100 HMA= 536.30
Futuro del peso mexicano 19-2
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