USD/MXN may fall 1911 - 2713 pips

19.1061 is our pivot point.

Our preference

Eye 18.7253.

Alternative scenario

Above 19.1061, look for 19.2411 and 19.3215.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (19.0146) but above its 50 period moving average (18.9903).

Supports and resistances

19.3215 **

19.2411 *

19.1061 **

19.0530

18.9966 last

18.8055

18.7253 **

18.6451 *

18.5649 **

Number of asterisks represents the strength of support and resistance levels.