Chart of the day: USDMXN Post Trump victory, things have settled down the other side of the ‘wall’ and the Peso has continued to grow in strength. The question is, how much longer can this strength last? Currently, price on the Kagi chart is heading into a lot of historical noise around the mid 18.5’s and then toward strong Fibonacci resistance at or around 18, which is where the cloud may also provide some downside resistance. If it can break south of the border here, then further Fibonacci targets could be at 16.69 then 15.45. Longer term upside Fibonacci support may be found at 19.7 then back to the record highs just under 22.