• USD/MXN strengthened on Friday as stronger greenback and downbeat Mexico GDP data weighed on peso.
• The U.S. dollar strengthened against its counterparts as investors adjusted their positions before the weekend.
• Mexico's economy saw its largest quarterly contraction since 2021, as domestic demand and private investment weakened amid growing tensions with its top trade partner.
• GDP fell 0.6% in the last quarter of the year, matching earlier estimates. Annual growth was 0.5%, slightly below the initial 0.6% estimate, according to final data released Friday.
• Immediate resistance is located at 20.451 (50%fib), any close above will push the pair towards 20.636(38.2%fib).
• Support is seen at 20.258(61.8%fib) and break below could take the pair towards 20.155(Lower BB)
Recommendation: Good to buy around 20.400 with stop loss of 20.200 and target price of 20.800


FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/CAD retreats slightly but trend is still bullish
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- Major Pair levels and bias summary 



