Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Breach of important price line imminent by USDMXN

Autochartist
2023-01-17

USDMXN is moving towards a line of 18.8626 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn't clear whether it will breach this price or rebound as it did before. If USDMXN continues in its current trajectory, we may see it move towards 18.8626 within the next 15 hours.

Not investment advice. Past performance does not guarantee or predict future performance.

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