• USD/MXN rose on Tuesday as prospects for fewer U.S. rate cuts lifted the dollar.
• The US dollar has surged in recent weeks, led by expectations of a less dovish Federal Reserve, as inflation remains over the central bank's annual target of 2%.
• Markets are also bracing for US President-elect Donald Trump's plans of less regulation, tax cuts, tariff increases, and stricter immigration, which are likely to be both pro-growth and inflationary.
• Mexico's peso weakened 1.07 % on the day, and is on track for its worst year since 2008.
• Immediate resistance is located at 20.901 (23.6%fib), any close above will push the pair towards 21.000(Psychological level).
• Support is seen at 20.641(38.2%fib) and break below could take the pair towards 20.424(50%fib).
Recommendation: Good to buy around 20.800, with stop loss of 20.450 and target price of 21.000


FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro- Woodies pivot (Major)
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
FxWirePro: AUD/USD better risk puts bulls back in charge
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: USD/CNY dips as yuan firms as investors await policy cues
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: GBP/NZD dips as sterling eases as Burnham steps in
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro :USD/JPY drifts above 162 as range trading persists
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K 



