• USD/MXN steadied on Monday as markets braced for a more gradual pace of U.S. Federal Reserve rate cuts.
•The Fed is widely expected to reduce rates by 25 basis points on Wednesday, but market focus is shifting towards the outlook for 2025, with a more gradual approach to rate cuts anticipated.
•CME's FedWatch tool suggests that a rate cut in January is unlikely, which could lend further strength to the dollar.
• At GMT 16:25, The dollar was up 0.31% against the dollar Mexico's peso at 20.183
• Immediate resistance is located at 20.389 (38.2%fib), any close above will push the pair towards 20.611(Dec 2nd high).
• Support is seen at 20.082(50%fib) and break below could take the pair towards 20.010 (LowerBB).
Recommendation: Good to buy around 20.150, with stop loss of 20.000 and target price of 20.300


FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 



