Dollar Tests Fresh Lows As Peso Strength Deepens, While Mexico’s IPC Stays Near Records

2026-01-28 - 10:00

Key Points USD/MXN traded near 17.18 after dipping to 17.097, stretching the peso’s winning streak. Momentum is extreme, with daily RSI near 19 and weekly RSI near 24, raising bounce risk. Mexico’s IPC held near 68,878, with RSI above 70 on daily and weekly charts, signaling a crowded rally. The peso extended its run on