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USD/MXN – Double top patter, needs to close below 21.4611

FX:USDMXN   U.S. Dollar / Mexican Peso
A daily close below 21.44611 would confirm double top reversal and open doors for a sell-off to 50-DMA level of 19.65.

The reversal in Mexican peso would be a sign that the Trump trade is over… given the fact that the Mexican Peso was one of the major losers of the Trump trade.

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