BUY 19.1500 | STOP 18.7500 | TAKE 19.7000 | The Bank of Mexico is expected to continue its rate easing cycle next week, despite recent reports on Mexican inflation suggesting risks are skewed to the upside. Inflation in May exceeded the bank's 3% target, raising concerns that the central bank will continue to cut rates. From a technical perspective, the price is moving upwards within a long-term channel in the medium term and is pushing away from the strong support level of 18.8200.
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