USD/MXN on Track to Test Positive Slope in 50-Day SMAUSD/MXN approaches the 50-Day SMA (18.9615) as it slips to a fresh monthly low (19.0919), with a break/close below 18.8560 (50% Fibonacci extension) bringing the 18.5090 (23.6% Fibonacci retracement) to 18.6330 (50% Fibonacci retracement) zone on the radar.
Next area of interest comes in around the