• USD/MXN climbed on Monday as gains were driven by blowout U.S. jobs report underscored the strength of the US economy.
• Friday's data showed unexpected acceleration in U.S. job growth for December, with the unemployment rate dropping to 4.1%.
• Markets were now no longer fully pricing in even one rate cut from the Fed in 2025, down from roughly two quarter-point cuts priced at the start of the year.
• At GMT 15:42, the pair was trading up 0.40% at 20.788.
• Immediate resistance is located at 20.860 (23.6%fib), any close above will push the pair towards 20.977(Higher BB).
• Support is seen at 20.700(Daily low) and break below could take the pair towards 20.584(38.2%fib).
Recommendation: Good to buy around 20.750, with stop loss of 20.200 and target price of 21.000


FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 



