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USDMXN Hovers Above Key Level

MEXICO

USDMXN is hovering just above the December lows of 19.70. A break will establish the resumption of the downtrend. Levels to note below are:

  • SUP 1: 19.6037 1.50 proj of Aug 4 - Sep 18 - Sep 24 price swing
  • SUP 2: 19.3601 1.618 proj of Aug 4 - Sep 18 - Sep 24 price swing
  • SUP 3: 19.1560 Low Mar 3

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