USDMXN slips after US weighs delay on the auto tariffs

For what it is worth, the US announced that the US is mulling the delay of auto tariffs on Canada, Mexico. The USDMXN fell on the news. However, the 100-day moving average at 20.33689 did a good job of holding support. The price has bounced to 20.3891 currently.

Looking at the chart above, the recent falls toward the 100 day MA line has stalled the fall or quickly failed on the modest breaks.

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