USD/MXN Technical Analysis: Modestly bullish, approaching critical 19.30
- Technical indicators and the chart points to the upside but without strength enough so far. A close well above 19.20 or more important, above the critical 19.30, would add impulse to the US dollar, signaling a potential test of 2019 highs slightly below 19.50.
- A retreat back below 19.20 would favor a continuation of the range between 19.20 and 19.10.
USD/MXN 360-minute chart
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- The daily chart shows the pair also with a bullish bias but it needs to hold around current levels, but overall it remains on consolidation. On the flip side, below 19.10 a test of the uptrend line around 19.00 seems likely. A breakout below should lead to a YTD lows at 18.85/87.
- On the upside, above 19.30 the next strong resistance is seen around 19.45 that should hold and favored a pull back, if reached.
USD/MXN Daily chart
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Overview:
USD/MXN
Overview:
Today Last Price: 19.2927
Today Daily change: 0.1115 pips
Today Daily change %: 0.58%
Today Daily Open: 19.1812
Trends:
Daily SMA20: 19.1808
Daily SMA50: 19.2837
Daily SMA100: 19.6328
Daily SMA200: 19.4544
Levels:
Previous Daily High: 19.2636
Previous Daily Low: 19.147
Previous Weekly High: 19.3287
Previous Weekly Low: 19.0997
Previous Monthly High: 19.721
Previous Monthly Low: 18.8767
Daily Fibonacci 38.2%: 19.219
Daily Fibonacci 61.8%: 19.1915
Daily Pivot Point S1: 19.1309
Daily Pivot Point S2: 19.0807
Daily Pivot Point S3: 19.0144
Daily Pivot Point R1: 19.2475
Daily Pivot Point R2: 19.3138
Daily Pivot Point R3: 19.3641