USD/MXN: Near Term Highs are challenged as Nervousness Grows

The USD/MXN is trading near important resistance as speculators consider rather intriguing technical potentials.

On the 19th of August the USD/MXN was trading near the 20.27000 ratio which essentially came within sight of resistance, with higher marks achieved in the first week of August. By the 25th of August the USD/MXN had produced a selloff which returned the forex pair to its lower values as the mark of 19.85000 was tested.

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