USD/MXN continues to move sideways around 22.50, without clear direction. Mexican President AMLO is at the White House with US President Trump. On Tuesday, USD/MX rallied to 22.90 that capped the upside. The mentioned level continues to be a critical level that if broken should lead to more gains, targeting 23.10. Technical indicators are mixed with RSI turning south but price still above key moving averages in the 4-hour chart. Overall, USD/MXN continues to move sideways unable to move away from 22.50. The 55-day moving average at 23.00 is another critical area. On the flip side 22.60 is the strong immediante support and a slide below would suggest more strength for the Mexican peso. If the decline continues 22.10/20 should offer support, favoring a rebound back to 22.50. USD/MXN 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD bulls stepping in to target the 0.7031/62 resistance area FX Street 3 years USD/MXN continues to move sideways around 22.50, without clear direction. Mexican President AMLO is at the White House with US President Trump. On Tuesday, USD/MX rallied to 22.90 that capped the upside. The mentioned level continues to be a critical level that if broken should lead to more gains, targeting 23.10. Technical indicators are mixed with RSI turning south but price still above key moving averages in the 4-hour chart. Overall, USD/MXN continues to move sideways unable to move away from 22.50. The 55-day moving average at 23.00 is another critical area. On the flip side 22.60 is the strong… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
