- USD/MXN regains upside momentum after probing bulls the previous day.
- Sustained trading above six-week-old ascending support line, looming bull cross on MACD favor buyers.
- 21-DMA holds the key to further run-up towards monthly top, bearish trend remain intact below 18.90.
- Downside break of 18.00 could trigger fresh fall targeting YTD low.
USD/MXN picks up bids to 18.07 as it grinds near intraday high, up 0.15% on a day amid early Thursday in Europe.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased