USDMXN Long
The peso has returned to a key level between the $19.20 & $19.80 price point. Previously this level has held as a point of support and looks to continue doing so.
We will target previous highs for our take profit level. We will be looking for price to rise to the 20.1775 which once held as a key resistance level. If we are able to break this area we will look for price to climb back to last month's high around $20.3225~$20.4000.
We will target previous highs for our take profit level. We will be looking for price to rise to the 20.1775 which once held as a key resistance level. If we are able to break this area we will look for price to climb back to last month's high around $20.3225~$20.4000.
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