USD/MXN will see a fresh decline in due course back to the 16.6930 recent low – Credit Suisse USDMXN Technical Analysis Banks
Scope for a consolidation phase to emerge
With a major top still seen in place though our bias would be for a cap here and for a fresh decline in due course back to the 16.6930 recent low and eventually what we look to be better support at the 15.5813 high of March 2009.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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