USDMXN has more room for selling as he pair has given a daily closing below the short term trend line (black line) on the daily basis. The initial target is at 18.88135, which is at the major long term 20 month trend line (red line). If the price goes below this trend line, we might see the pair targeting 18.43838 level with a brief stop at 18.67690. On the other hand, initial resistance sits at 19.16765 and then at 19.29456.