• USD/MXN climbed on Thursday as market focus shifted to Donald Trump’s presidential inauguration next week and possible inflationary impact of his policies..
• Emerging markets face uncertainty over U.S. rate cuts and brace for potential tariff policies as Donald Trump returns to the White House next week.
• Analysts predict Mexico could face significant economic impacts, though some believe President Claudia Sheinbaum's stricter immigration and tariff policies might help avoid harsh tariffs..
• At GMT 15:54, the pair was trading up 1.32% at 20.728.
• Immediate resistance is located at 20.926(23.6%fib), any close above will push the pair towards 20.977(Higher BB).
• Support is seen at 20.656(38.2%fib) and break below could take the pair towards 20.498(50%fib).
Recommendation: Good to buy around 20.700, with stop loss of 20.500 and target price of 20.950


NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- Woodies pivot (Major)
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish 



