Breach of important price line imminent by USDMXN

USDMXN is moving towards a line of 19.9532 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 19.9532 within the next 2 days.

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