Analysis of the USD/MXN currency pair for November 13, 2026
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
November 13, 2026
USDMXN
The trend is upward. The currency pair is trading within the range of the 365 and 135 EMAs. A downward truncated wave pattern has concluded with a breakout of the trend channel. The Stochastic Oscillator indicates an oversold condition.
Trading idea:
Buy upon the formation of an upward wave pattern.
Stop Loss – 18.5650.
Target levels – 18.6930; 18.7828.