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USDMXN Technical Analysis January 23th 2018

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
After a bearish week, the USDMXN found a support level (@18.55) that sellers could not break (yet), regardless that the US Dollar Index keeps losing strength, it is a good opportunity to buy with a 2:1 risk and reward ratio with our target @19.26 and our stop loss @18.41.

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