US Greenback vs Mexican Peso- Coronavirus Surge Stalls

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US Greenback vs Mexican Peso- Coronavirus Surge Stalls

Mexican Peso Technical Worth Outlook: USD/MXN Commerce RangesMexican Peso up to date technical commerce ranges – Weekly & Eve


USDMXN Chart

Mexican Peso Technical Worth Outlook: USD/MXN Commerce Ranges

  • Mexican Peso up to date technical commerce ranges – Weekly & Every day Charts
  • USD/MXN rally stalls at recent report highs- pullback poised to shut beneath resistance
  • Broader long-bias in danger near-term beneath confluence uptrend resistance / 2017 excessive

The Mexican Peso posted the fourth consecutive weekly loss towards the US Dollar with the losses accelerating this week amid rising fears over the Coronavirus international pandemic. The rally failed at recent report highs this week with worth set to shut just under key resistance, nicely off the highs. These are the up to date targets and invalidation ranges that matter on the USD/MXN weekly technical chart. Review my latest Strategy Webinar for an in-depth breakdown the setupswe’re monitoring this week.

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