Temporary relief for MXN
It seems this retracement is creating a falling wedge at the same time a Bull flag for USD, the oil prices will not help Pemex to maintain the investment grades and this may drag down other mexican debt instruments
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.