| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
Following a retracement from the senior channel near 21.00 mid-June, the US Dollar began depreciating against the Mexican Peso in a channel-like pattern.
By the time of this analysis, the rate had found resistance at the monthly R2 and the 61.80% Fibonacci retracement near 18.80. It seems that the pair could still continue deprecating in the long term, thus approaching the bottom boundary of the senior channel circa 18.25.
In the short term, however, the Greenback is likely to surpass the resistance of the 55– and 100-hour SMAs and appreciate up to the 38.20% Fibonacci retracement at 19.60 within the following week. If this level is surpassed, the US Dollar is likely to continue its advance until the monthly PP and the 200-period (4H) SMA near 20.20.