USDMXN dipping, but are we seeing real conviction?

Watching $USDMXN today, it's dipped a bit to 17.315, after a decent run. Hard to say if this is just profit-taking after the recent run or if the market's genuinely getting nervous about extending here. I'm keeping it on the watchlist, but without a clearer break, feels like it could just consolidate before another leg up. Wouldn't be the first time I got faked out by a dip.