USD/MXN Forecast — 5 September 2026
USD/MXN maintains a bearish bias near 16.91427, with traders eyeing the 16.88135 support level alongside major U.S. inflation data.
Current outlook · 17–24 Oct 2026
The weekly bias is bullish on the D1 trend and positive momentum, though mixed daily closes and a slightly negative H4 MACD histogram leave tactical confirmation incomplete.
Read full forecastBrowse earlier USD/MXN outlooks and analysis.
USD/MXN maintains a bearish bias near 16.91427, with traders eyeing the 16.88135 support level alongside major U.S. inflation data.
USD/MXN closed at 16.97498 under modest downward pressure, with an RSI of 33.82 and MACD of -0.10965 pointing to support at 16.88135 and resistance at 17.66976.
USD/MXN displays a strong bearish tone with a close at 16.94942, testing support at 16.92928 while RSI signals oversold conditions.
USD/MXN trades in a bearish D1 configuration near support at 17.00936, with an oversold RSI of 27.26 highlighting potential sensitivity to key economic data.
USD/MXN maintains a bearish stance on the daily timeframe, closing near 17.20425 with key support at 17.15084 and resistance at 17.66976. Traders should monitor upcoming economic releases for potential shifts in momentum.