USDMXN nearing key Fibonacci level
Intraday Update: The USDMXN is breaking higher intraday and is nearing the 61.8% retracement level of the last move lower. Also keep in mind this is a bullish channel and on Oct 1 the new Government will be inaugurated which may have some MXN bulls concerned.
Disclaimer
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.