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Market Overview
The USD/MRU pair closed at 39.74113 on January 29, 2026, reflecting a modest increase of 0.13% from the previous close of 39.6888, despite a 30-day decline of 0.42%. The pair remains in a downtrend, supported by the 20-day SMA at 39.85, with the 5-day SMA slightly below at 39.75, and the 200-day SMA not explicitly provided but implied stable. The RSI indicates subdued momentum consistent with bearish pressure. Key support is near 39.55, while resistance is around 40.09. No major economic events are scheduled imminently to influence price action. Technical indicators suggest cautious trading amid moderate liquidity and subdued momentum. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.