Thursday, October 15, 2026

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USD/MXN holds near recent lows by daily Tenkan at 15.30

USD/MXN supported by daily Tenkan line (15.30), ahead of cloud top Further support seen by cloud top at 15.25, within cloud, 15.21= minor Fib/21-DMA area Resistance at multiple HMA's between 15.35-37, TrendLine by 15.405…

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

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  • USD/MXN supported by daily Tenkan line (15.30), ahead of cloud top

  • Further support seen by cloud top at 15.25, within cloud, 15.21= minor Fib/21-DMA area 

  • Resistance at multiple HMA's between 15.35-37, TrendLine by 15.4058

  • Weak US data has FOMC tipped to dovish, Banxico wary of low growth

  • Low rate outlook supports further LatAm/EM strength

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By FxWirePro Team