fxbymichel
Short

USD/MXN setting up for potential breakdown

FX:USDMXN   U.S. Dollar/Mexican Peso
48 0 1
Looks like the pair has moved back from a multi year resistance level (weekly & monthly charts) of 15.60. It is now trading below the 100 day and if close below trendline support at 15.00, look for a test of 14.75 and then 14.50 in the upcoming weeks
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