USDMXN Can Break The Trendline Support

26 ביולי 2022

USDMXN is coming down nicely, but still sitting on that trendline support which I think can be broken this week. Ideally, pair will then continue south to 19.60-20.00 area. Resistance for B remains at 20.70/80.

A broken neckline on crude oil will be bearish for USDMXN.