There was a 3% spike in USDMXN last week as Trump threatened tarrifs on MXN goods. There has been a fresh deal to prevent the tarrifs and with a softer USD coming into the week i see a nice downside move if not even a gap down. Tweezer tops daily and weekly a long legged doji after failing the 61.8% retracement. Downside could be supported by the 1D 32.8% ($19.50950) - 1D 20ema ($19.33000) - 1D 50ema ($19.20000) short term.
Commentaire:
Further breakdown opens the the to the 1M 61.8% retracement $18.8000 or May '19 low