The USD/MXN pair has decisively broken below its multi-month range base near 19.85 to 20.00, indicating a potential rounding top scenario. This significant movement exposes the pair to further downside risks as prices approach key support levels at 19.00 to 18.90. Analysts warn that failure to hold at these points risks further declines toward 18.60 and possibly 18.15. Traders should be cautious and watch for market reactions as conditions evolve. The situation calls for careful monitoring as it may present trading opportunities in the intricate dynamics of the currency pair.