• USD/MXN strengthened on Monday as peso continued to weaken on worries that U.S. President Donald Trump's firm stance on sweeping tariffs could damage the global economy.
•Trump said on Sunday that investors must take their medicine amid the market selloff, stressing he would only make a deal if the trade deficit with China is resolved.
• On Monday, Trump threatened to impose a 50% tariff on Chinese goods starting April 9 unless Beijing removes the 34% tariff increase it placed on U.S. imports in retaliation for U.S. tariffs .
• Mexico's peso fell 1.11%, trading at 20.643 to the dollar, as it remains highly sensitive to tariff-related news.
• Immediate resistance is located at 20.724(38.2%fib), any close above will push the pair towards 21.006(23.6%fib).
• Support is seen at 20.504(50%fib) and break below could take the pair towards 20.285(61.8%fib).
Recommendation: Good to buy around 20.500, with stop loss of 20.200 and target price of 21.000


Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro- Major Crypto levels and bias summary
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Woodies pivot (Major) 



