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Portier
Feb 6, 2020 1:46 AM

Technical thoughts on USDMXN - Short Plays on Offer Short

U.S. Dollar/Mexican PesoFXCM

Description

CTFC data showing Non Commercials remaining heavily long Peso with technicals supporting a bid in the MXN.

While we remain positioned long USD toward our $100 macro swing target, we have placed directional short plays from here toward our buyside target in the MXN.
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