The US dollar has rallied a bit during the trading session here on Friday as we are approaching the 18.50 pesos level. This is an area that previously had been support, so it does make a certain amount of sense that it ends up being resistant as market memory comes into the picture. The 50 day EMA is sitting right around that area as well. And of course we have a downtrend line. So, it all ties in together quite nicely to offer resistance. Because of this, I will be looking forward to seeing if we get signs of exhaustion because that would be probably one of the better signs that you can get. Although obviously nothing is 100 % accurate, it is an area that you would expect to see it. If we can break above the 18.8 level, which probably takes a couple of days’ worth of pressure, then the US dollar probably rallies quite significantly against the Mexican peso.
USD/MXN Analysis:Dollar Rallies Against the Mexican Peso on Friday – 13 October 2025
