The US dollar fell against the Mexican peso during trading on Wednesday, slamming into the 50 day EMA which coincides quite nicely with the 20 pesos level.
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The WTI Crude Oil market initially rallied during the trading session on Wednesday, reaching the top of the consolidation triangle that we have been trading in.
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The US dollar has gone back and forth in very choppy trading during the trading session on Wednesday, as we continue to struggle to extend gains.
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The S&P 500 initially rallied during the trading session on Wednesday but ran into a ton of resistance just below the 2700 level.
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The WTI Crude Oil market rallied a bit during the trading session on Tuesday again, using the bottom of the symmetrical triangle that we are in to find support.
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The US dollar broke down a bit during the trading session on Tuesday, reaching towards the 20.1665 level, touching the uptrend line of the rising wedge that I have marked on the chart.
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The US dollar initially dipped lower during the day on Tuesday, but then turned around to rally again.
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