Friday, October 16, 2026

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USD/MXN reverses early gains, eyes Fib support by 15.3773

USD/MXN reverses early gains above 15.50, moves below Wed low to 15.40 Support 15.3773 50% Fib of 14.9845-15.77, 21-DMA at 15.3500 Resistance at 15.4803 daily pivot and 55-HMA by 15.5163 RM names tipped as USD sellers, r…

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

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  • USD/MXN reverses early gains above 15.50, moves below Wed low to 15.40

  • Support 15.3773 50% Fib of 14.9845-15.77, 21-DMA at 15.3500

  • Resistance at 15.4803 daily pivot and 55-HMA by 15.5163

  • RM names tipped as USD sellers, recent Mex FI sales reversed

  • Mex IP data a miss, but in court, factory output rising

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By FxWirePro Team