Thursday, October 15, 2026

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USD/MXN long wicks show shorts nervous

USD/MXN opens NY near middle of days range by 15.24 Falling cloud top, 21/50-DMA by 15.21 supports Further support by 15.1080 low on Apr 17, daily cloud base at 15.0520 Resistance at 55-HMA by 15.3645 Banxico rate decisi…

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

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  • USD/MXN opens NY near middle of days range by 15.24

  • Falling cloud top, 21/50-DMA by 15.21 supports

  • Further support by 15.1080 low on Apr 17, daily cloud base at 15.0520 

  • Resistance at 55-HMA by 15.3645

  • Banxico rate decision at 2PM, no change expected, CB wary of low growth

  • Lower lows/lower highs indicate offered tone, Long wicks show shorts nervous

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By FxWirePro Team