USD/MXN Faces Resistance at 16.60, Continues Downward Trend
Monday, 1 April 2024, 08:16
USD/MXN Analysis
USD/MXN is facing challenges in breaking below the key support level of 16.60, signaling a possible downtrend.
Key Points:
- 16.60 Support Level: The pair continues to grapple with maintaining a position below 16.60.
- Extend Losses: USD/MXN is attempting to extend losses for a second straight session.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.