USD/MXN: FAILURE TO HOLD 18.30 TO OPEN UP DECLINE TOWARDS 17.90/17.60 – SOCGEN

avatar
· 閱讀量 44


The Mexican Peso is the second-best performing EM currency with a gain of nearly 6% YTD. Analysts at Société Générale ponder the possibility of a move below 18.00 in the USD/MXN pair.


50-DMA near 19.00 set to provide resistance

“Whether USD/MXN has a go at 18.00 is probably down to the FOMC minutes and US PCE.”


“The 50-Day Moving Average near 19.00 is likely to provide resistance.” 


“Failure to hold 18.30 can lead to persistence in the decline towards the lower band of a multi-month channel near 18.10 and 17.90/17.60.”

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest