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USDMXN Can Break The Trendline Support

Dollar A.S. / Peso Meksiko (SAXO:USDMXN)  
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SAXO:USDMXN   Dollar A.S. / Peso Meksiko
Elliott Wave Crude Oil USDMXN elliotwaveanalysis
8
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elliottwaves crudeoil usdmxn elliotwaveanalysis
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.
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