USDMXN has had difficulties creating higher structure while slowy going down on every failed attempt to break higher. Price has recently broken below a key support which shows that sellers are in control especially knowing the macro economics circumstances. My target is at 16.82000 .
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Structure broken
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We have created new lower highs.
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imagen
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Approaching our target
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Target hit
Fundamental AnalysisSupport and ResistanceTrend AnalysisUSDMXN

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