Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

Levels to trade USD/MXN

Levels to trade USD/MXN

Information is not investment advice

The volatility in USD/MXN has jumped. The pair is correcting up within the downtrend, which has been in place since September. On Thursday, the price closed above 18.78 (50-day MA). The targets for the correction lie in the 19.015/038 area (100-day MA, the presumed point D of a harmonic “Crab” pattern). Notice, however, that buying is risky as the pair is currently overbought. When the price arrives to the mentioned zone, the bearish trend will likely resume or, at least, will try to do so. Support levels are at 18.91, 18.825, and 18.757.

Trade ideas for USD/MXN

SELL 19.015; SL 18.91; SL 19.04

SELL 18.89; TP 18.25; SL 18.92





Choose your payment system

Learn more