USDMXN is moving slightly higher at this stage, but still only within a complex wave B correction that is expected to find a top near 21.0000. Technically we see a bearish pattern because of that five waves drop on wave A at the start of November, so weakness will be expected to resume towards 20.0000 while 21.3790 holds.
At the moment we are tracking a double zig-zag correction in blue wave B-circled.
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