| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The USD/MXN currency pair has been trading within a cluster formed by the support level at 18.89 and the Fibonacci 38.20% at 19.21 since the middle of January.
Given that the exchange rate is being pressured by the 55-, 100– and 200-hour SMAs, it is likely that some downside potential prevails in the market in the nearest future. It is expected that the pair re-test given support level. If given support does not hold, it is likely that the rate targets the Fibonacci 23.60% retracement at 18.55.
Otherwise, it is expected that the currency pair continues to trade within given cluster.