| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
On September 7, the USD/MXN exchange rate entered an ascending channel. This pattern is a part of a longer-term ascending channel which has confined the pair since mid-July.
The rate's trading range, however, has diminished during the last trading sessions, as apparent by its failure to overcome the 19.2667 mark—its highest level since mid-2015—on two separate occasions.
The US Dollar is currently testing the resistance of the weekly PP, the 55- and 100-hour SMAs at 19.1447; the 200-hour SMA and the weekly S1 are located nearby circa 19.00. It is likely that bears pressure the Greenback during this week, resulting in a test of the lower channel boundary near the aforementioned 19.00 mark.
In general, the rate's subsequent movement could be tended southwards towards the bottom boundary of the senior channel.