Tests key MA levels

The USDMXN is also moving higher after headlines that the US was looking to exit NAFTA.

The price is up testing a key technical level at the 19.39294 level (see blue and green lines in the chart above). That level is where the converged 200 hour MA and 100 bar MA on the 4-hour chart are more or less converged.

Key level. A break above is more bullish technically for the pair with 19.43127 as the next target.