USD/MXN has just traced the wave 2 and started the wave 3 of the 1-2-3-4-5 Impulsive Elliot Waves.
SMA200 in day chart is acting as support to the pair.
ADX9 in day chart is at 28 and is signaling a strong trend.
Major Fib Expansion Levels are
100% (20.1178)
61,8% (19.4792)
Major Fib Retracement Levels are
0% (19.3231)
23.6% (18.9198)
38.2% (18.6703)
50% (18.4676)
61,8% (18.2670)
100% (17.6142)
Day Chart
Week Chart