Friday, October 16, 2026

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USD/MXN below daily pivot support by 15.4598

USD broadly lower overnight, China cuts GDP forecast & inflation forecast further accommodation expected USD/MXN below daily pivot support by 15.4598, RM/ leveraged accounts on offer Support at Jun 1/2 low by 15.38, 50% …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD broadly lower overnight, China cuts GDP forecast & inflation forecast further accommodation expected 

  • USD/MXN below daily pivot support by 15.4598, RM/ leveraged accounts on offer

  • Support at Jun 1/2 low by 15.38, 50% Fib of 14.9845-15.77 at 15.3773

  • Resistance at 10-HMA 15.5076, hourly high at 15.5535

  • Daily momentum turns down, daily cloud base at 15.2133 the floor

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By FxWirePro Team