USD/MXN: Failure to hold 18.30 to open up decline towards 17.90/17.60 – SocGen USDMXN Banks
“Whether USD/MXN has a go at 18.00 is probably down to the FOMC minutes and US PCE.”“Failure to hold 18.30 can lead to persistence in the decline towards the lower band of a multi-month channel near 18.10 and 17.90/17.60.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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