The USD/MXN pair continues to consolidate, now in a smaller range between 19.00 and 19.10. The outlook points to a continuation of the move sideways. In the short-term, above 19.10, the pair could rise to test the critical resistance seen at 19.30, while below 19.00, 18.90 would be exposed. The support at 18.90 is key: not only an horizontal support but also where an uptrend line stands, so a break lower would signal a test of 18.75, with a strong potential to break lower. On the upside, a close on top of 19.30 would target 19.45/50. USD/MXN Daily 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 The United States Defence Agency is set to adopt blockchain FX Street 4 years The USD/MXN pair continues to consolidate, now in a smaller range between 19.00 and 19.10. The outlook points to a continuation of the move sideways. In the short-term, above 19.10, the pair could rise to test the critical resistance seen at 19.30, while below 19.00, 18.90 would be exposed. The support at 18.90 is key: not only an horizontal support but also where an uptrend line stands, so a break lower would signal a test of 18.75, with a strong potential to break lower. On the upside, a close on top of 19.30 would target 19.45/50. … 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.
