The Traderszone Network

Published in TZ Latest News 15 February, 2017 by The TZ Newswire Staff

Forex technical analysis: USDMXN is sure squeezing support and resistance

200 hour MA above.  100 day MA is below.
The USDMXN rallied – and traded above the 200 hour MA for the first times since January 20th. That break did not last long The pair is back down through the 100 hour MA and is looking toward the 100 day MA at the 20.2300 area. Yesterday the price dipped below 100 day MA but it too was a quick break and rebound