Support AND Resistance

USD/MXN retreated after an intraday attempt to climb above 17.50, leaving traders focused on whether the move was a liquidity grab or the start of a larger reversal. With rate expectations still in play, the pair remains vulnerable to short-term downside pressure if support gives way.

The US dollar has gone back and forth against the Japanese yen during trading here on Tuesday as we continue to hover around the 158 yen level.

US stock markets show signs of a pullback as S&P 500 and NASDAQ 100 test key levels. See forecasts, resistance, and support zones ahead of Fed rate cuts.