- There has been significantly high volatility in the USDMXN in the past months as highlighted by the spikes in the ATR readings.
- However in 2018 the pair has been trading in a range with the top range at 19 and the bottom end at 18.3086
- Taking the recent high of 19.90796 as the 100% retracement level and 18.2954 as the 0% level we can see that the spread is high and volatility is huge
- The ATR reading is at 0.2007