Published: 2026-01-30T07:43:53.000Z
Chart USD/MXN Update: Consolidating, room for lower later
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Steadied at the 17.0970 Wednesday's low as prices consolidate losses from the 18.0400 early-January high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 17.8700 | ** | Dec 2025 year low | S1 | 17.0970 | * | 28 Jan YTD low | |
| R3 | 17.7000 | * | congestion | S2 | 17.0000 | ** | congestion | |
| R2 | 17.5000 | * | congestion | S3 | 16.9150 | * | June 2024 low | |
| R1 | 17.3500 | * | congestion | S4 | 16.7500 | ** | congestion |
Asterisk denotes strength of level
07:35 GMT - Steadied at the 17.0970 Wednesday's low as prices consolidate losses from the 18.0400 early-January high. Consolidation see prices unwinding oversold daily studies with bounce to see resistance starting at 17.3500/17.5000 congestion area. Above here will open up room for stronger corrective bounce to strong resistance at the 17.8700. However, the weekly charts remains under pressure and suggest correction to give way to renewed selling pressure later to extend the 2025 losses. Break of the 17.0970 low will open up test of support at 17.0000.