The USD/MXN is trading between two key levels, holding a bearish bias but still above an uptrend line and without showing significant strength for a bearish breakout. Price is back under the 20-day moving average, favoring the outlook to the downside. Still, a slide and a consolidation below 19.00 is needed to open the doors to more losses. Under 19.00 a test of January lows at 18.85/87 seems likely. On the upside, the key immediate resistance is seen at 19.30: downtrend line and 50 day moving average. If the US dollar rises above, it would clear the way to 19.45. USD/MXN Daily Chart USD/MXN Overview: Today Last Price: 19.1723 Today Daily change: 0.0322 pips Today Daily change %: 0.17% Today Daily Open: 19.1401 Trends: Daily SMA20: 19.1704 Daily SMA50: 19.3205 Daily SMA100: 19.6313 Daily SMA200: 19.4597 Levels: Previous Daily High: 19.2451 Previous Daily Low: 19.0265 Previous Weekly High: 19.3287 Previous Weekly Low: 19.0997 Previous Monthly High: 19.721 Previous Monthly Low: 18.8767 Daily Fibonacci 38.2%: 19.11 Daily Fibonacci 61.8%: 19.1616 Daily Pivot Point S1: 19.0294 Daily Pivot Point S2: 18.9187 Daily Pivot Point S3: 18.8108 Daily Pivot Point R1: 19.248 Daily Pivot Point R2: 19.3558 Daily Pivot Point R3: 19.4665 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 USD/JPY: Breaks below 200-HR SMA and looks to 20-DMA at 110.25 FX Street 4 years The USD/MXN is trading between two key levels, holding a bearish bias but still above an uptrend line and without showing significant strength for a bearish breakout. Price is back under the 20-day moving average, favoring the outlook to the downside. Still, a slide and a consolidation below 19.00 is needed to open the doors to more losses. Under 19.00 a test of January lows at 18.85/87 seems likely. On the upside, the key immediate resistance is seen at 19.30: downtrend line and 50 day moving average. If the US dollar rises above, it would clear the way… 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.
