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- The strong downtrend in USD/MXN continues as emerging market currencies advance against the US Dollar.
- USD/MXN eyes 17.5000 support; bullish potential remains limited, with key resistance at 17.9492 and 18.2263.
The USD/MXN fell to fresh six-year lows of 17.7462, hit in the middle of the New York session even though the US economy revealed upbeat data, which failed to strengthen the US Dollar (USD). At the time of writing, the USD/MXN pair is trading at 17.7480, down 0.92%.
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