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Peso is testing 0.618 Fib ret

Long
FX_IDC:USDMXN   U.S. Dollar / Mexican Peso
It may go down with fewer tensions in trade wars and President trump away from bad tweets about Mexico. Fed meeting next week may be crucial for the peso as it supports on currency carry.

A breaking of 19.38/19.39 may detonate into a mayor recover close to 19.20. Actual levels may be attractive for long term bulls and price may have problems to break down.


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