USD/MXN Turns Lower After Completing a Classic 3-3-5 Flat Correction

The article is a technical forex analysis on USD/MXN, stating that the pair has completed a regular Elliott Wave 3-3-5 flat correction and has begun to reverse lower. The author argues that wave C likely ended at the projected resistance/Fibonacci target, which suggests sellers have regained control and the short-term bias has shifted back to the downside. The broader implication is continued weakness in USD/MXN, though the piece warns that brief corrective pullbacks may still occur before the decline extends further. This is a chart-driven call rather than a macro or fundamental catalyst, so the market impact is mainly on near-term trader positioning and technical sentiment for the currency pair.