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Conversely, a drop below the 50-day Simple Moving average (SMA) at 20.57 could clear the path toward the 100-day SMA at 20.22. On further weakness, look for a test of 20.00. The Mexican Peso (MXN ...
On the other hand, if USD/MXN clears the 50-day Simple Moving Average (SMA) at 20.34, this will expose the 100-day SMA at 20.00, followed by the October 18 swing low of 19.64. The Mexican Peso ...