USD/MXN has traded sideways after facing resistance near 20/20.15 in August. A retest of recent pivot high near 20/20.15 is likely; this is a crucial hurdle, Société Générale FX analysts note.
20/20.15 is a crucial hurdle
“USD/MXN has evolved within a sideways consolidation after facing resistance near 20/20.15 in August.”
“It recently defended the confluence of a multi-month ascending trend line and the 50-DMA near 18.95 resulting in a bounce. Daily MACD remains anchored within positive territory denoting prevalence of upward momentum.”
“A retest of recent pivot high near 20/20.15 is likely; this is a crucial hurdle. If the pair establishes above this zone, ongoing uptrend could extend.”
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
