The Mexican Peso is on the defensive after depreciating to fresh five-month lows past 17.90. Key resistance levels were broken during the USD/MXN rally, with the 200-day Simple Moving Average (SMA) pierced at 17.16. Although buyers hadn’t been able to achieve a daily close above the latter, the risks for further Peso weakness remain.
In that outcome, the USD/MXN's next resistance would be January 23’s high at 17.38, followed by December 5’s 17.56. Once those levels are surpassed, look for a test of the 18.00 handle.
On the other hand, if the exotic pair drops below the 100-day SMA at 17.03, the 17.00 mark is up next. Once cleared, the next support would be the 50-day SMA at 16.81
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论。 来发表第一条观点吧。