Fading bull momentum in supply

USDMXN has a very interesting and classic reversal setup, although bulls are still able to keep price up there - despite the NFP disaster.

The trend is clearly losing strength and when price pushed into the green supply zone, it got rejected fast.

It's too early to short yet and we need a stronger bearish momentum confirmation before selling.

It's a great potential setup but we need patience and avoid any premature shorting.