Fundamental Analysis: The USD has been in a bearish trend
since the Interest Rate Decision, and US dollar
maintained most of the recent losses it had against major counterparts on Thursday, as investors held their positions in anticipation for a vote that decides the future of the GOP Healthcare plan. However, Mexican peso is doing great this days. Tomorrow in NY time MXN will have its Retail Sales (MoM) (Jan) new, the forecast is better than the previous, so the expectation for the USDMXN
will be bearish
in the next 12 hours.
Sentiment Analysis: The USDMXN
is 60% bearish
Technical Analysis: The Ichimoku
is in a strong bearish
short term trend.