USDMXN top-down analysis

on DAILY: USDMXN is retesting a strong demand zone in green so we will be looking for objective buy setups on lower timeframes.

on H1: USDMXN formed an objective channel in red so we are waiting for a momentum candle close above the last swing that forms around our upper red trendline to buy.

meanwhile, until the buy is activated, we would be overall bearish