The President Trump is hosting a "Made in America" day at the White House and in his comments, he said that his administration is talking with Mexico on "something dramatic".
That has helped to push the USDMXN to new session lows and below the 100 and 200 hour MAs. Those MAs are now risk levels for shorts. The next target comes in at 18.8325
In the same position we have CADMXN where what is a dollar worth in mexico now rate is 14.32555 and those MAs are now risk levels for shorts
That has helped to push the USDMXN to new session lows and below the 100 and 200 hour MAs. Those MAs are now risk levels for shorts. The next target comes in at 18.8325
In the same position we have CADMXN where what is a dollar worth in mexico now rate is 14.32555 and those MAs are now risk levels for shorts
USDMXN falls on Trump's "something dramatic" with Mexico
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