USDMXN revived grow

20 January 2022 386
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From the end of November, the USDMXN pair has been in the downtrend. Now the RSI rapidly moved upward from the oversold zone which can mean the trend change. Increase in rate of return of U.S. bonds entices liquidity from the currencies of developing countries such as Mexico. The nearest targets of growth are 20.753 and 20.984.

This content is for informational purposes only and is not intended to be investing advice.

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