USDMXN--LONG
--Long bias
--entry and tp levels are as shown on the chart

USDMXN Continuation
Price was in a downtrend, but it lost momentum and we’ve just seen a strong impulsive move to the upside.
Price holds above the zone, so the bullish scenario remains valid.
Continuation toward the next liquidity level around 18.03. Looks good to me.

USDMXN
We have a support and have 5 touches. After that we have Bullish engulfing and I put the tp, stop loss and entry in chart.

USD/MXN 2026 Outlook: Volatility Returns After Stellar Rally
The Mexican Peso (MXN) enters 2026 at a crossroads. After a stellar 2025 where it appreciated approximately 23% against the US Dollar (USD), the currency now faces a "perfect storm" of geopolitical friction and shifting macroeconomic tides. The pair plunged from 20.50 to 17.88 last year, driven by a resilient carry trade and a weaker dollar. However, analysts warn that the easy gains are over. The year ahead promises heightened volatility as trade renegotiations and central bank pivots collide.
Geopolitics & Geostrategy: The USMCA Stress Test
The political landscape remains the primary driver of USD/MXN volatility. President Donald Trump’s second term has already introduced significant friction, most notably with the "Liberation Day" tariffs imposed in April 2025. While the subsequent suspension of tariffs following President Claudia Sheinbaum’s immigration agreements provided relief, the underlying tension persists.
The formal review of the United States-Mexico-Canada Agreement (USMCA) scheduled for summer 2026 is the next major flashpoint. The White House is expected to leverage trade policy to extract concessions on migration and drug enforcement. Specifically, US negotiators aim to enforce stricter Rules of Origin to prevent Chinese firms from using Mexico as a "backdoor" into the US market. This aggressive stance could periodically pressure the Peso, pushing the pair higher during negotiation stalemates.
Macroeconomics: The Interest Rate Differential
The wide interest rate spread between Mexico and the US has been the Peso's primary shield. With Banxico’s reference rate at 7% and the Fed’s funds rate at 3.50%-3.75%, the 325-basis point differential remains attractive. However, this gap is set to narrow.
Banxico is poised to continue its easing cyc

USDMXN - ROUNDING TOP
Late to the party?
USDMXN has a rounding top pattern with potential target sitting around 17.60 on the D1 timeframe.
Dollar DXY could be in for a further ride downside in the month of July. We watch and see.