- The Mexican peso continues to rise against the US Dollar and stands at the highest since late-October. The outlook continues to favor the downside in USD/MXN, and signals of a bottom are not seen yet.
- Price is moving in a bearish channel in the short-term, facing support by the lower limit near 19.20/25. So a consolidation around 19.35 could continue over the next sessions before the next leg lower to the critical support at 19.17.
- On the upside, a recovery should be seen as a correction as long as it remains under 19.50/55. If it breaks above, the Mexican peso would lose strength.
USD/MXN 4 hour
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USD/MXN Daily
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USD/MXN
Overview:
Today Last Price: 19.3556
Today Daily change: -90 pips
Today Daily change %: -0.0465%
Today Daily Open: 19.3646
Trends:
Previous Daily SMA20: 19.8596
Previous Daily SMA50: 20.1044
Previous Daily SMA100: 19.5746
Previous Daily SMA200: 19.4038
Levels:
Previous Daily High: 19.4765
Previous Daily Low: 19.2935
Previous Weekly High: 19.721
Previous Weekly Low: 19.3733
Previous Monthly High: 20.658
Previous Monthly Low: 19.607
Previous Daily Fibonacci 38.2%: 19.3634
Previous Daily Fibonacci 61.8%: 19.4066
Previous Daily Pivot Point S1: 19.2799
Previous Daily Pivot Point S2: 19.1952
Previous Daily Pivot Point S3: 19.0969
Previous Daily Pivot Point R1: 19.4629
Previous Daily Pivot Point R2: 19.5612
Previous Daily Pivot Point R3: 19.6459
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