FX:USDMXN   U.S. Dollar / Mexican Peso
Hello everyone, this week our scaling in trades did not work out. However no need to get discouraged because there is still plenty of money to be made.

From a Weekly perspective the market created a nice M formation and is near the Weekly resistance level from Jan 2017

Also we have beautiful confluence of the fibonacci 0.50 and 0.618 levels.

Our target is the neckline of the M formation which is around the 23.3 Level.

Take care and good luck


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