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USD/MXN: Rebound faces 200-DMA hurdle – Societe Generale

USD/MXN: Rebound faces 200-DMA hurdle – Societe Generale

AI Briefing

  • USD/MXN faces 200-DMA hurdle and key resistance at 18.00/18.20.
  • Rebound within broad consolidation after forming interim low near 17.10.
  • Short-term outlook is bearish if price fails to break above 18.20.
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