USD/MXN has dropped into long term support. Although I believe that a major top is in place, I am looking for a bounce from the current level. The current level is defined by the top side of the 1999-2009 trendline and highs from February and June 2016. I am looking for a bounce back to 20.70.
Check out the DailyFX trading guides and webinars for ideas and education.
Subscribe to Jamie's distribution list to receive 3 free emails per week.
USDMXN Weekly
