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USDMXN Short Analysis - Trade Update

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Last week, the price of USDMXN rejected the significant psychological level of 19.00. From the COT index, we observed that the pair had been muted for an extended period. However, I saw value in buying MXN leading into July. 🌞

🚨 Trade Update:

The trade is currently running 597 pips in profit! 🎉
Stop Loss: Moved to 18.62 to lock in profits.
Take Profit: Adjusted to 16.41.
This strategy continues to align with the current market dynamics and seasonal trends, making it a compelling opportunity. Let's see how it plays out! 📊

Happy Trading! 🚀
노트
Still Holding +-732pips in profit

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