The Us dollar recently bounced back from the 16 pesos, showing us that stills in a strong uptrend. If continues it may reach out up to the 28 pesos. From the other hand, if it can´t cross over the 22 pesos it may go down again, but this time it can go even lower. One of this scenarios shows us the Us dollar going back to the 14 pesos level. This is why the 22 pesos level is so important right now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.