Entry: 19.4600
Stop Loss: 19.3000 (160 pips below entry)
Take Profit: 19.7000 (240 pips above entry, offering a 1.5:1 reward-to-risk ratio)
Reasoning: The Mexican peso has been showing signs of weakening, while the U.S. dollar has been gaining strength. This trend suggests that USD/MXN could continue its upward movement, providing a potential buying opportunity.
Stop Loss: 19.3000 (160 pips below entry)
Take Profit: 19.7000 (240 pips above entry, offering a 1.5:1 reward-to-risk ratio)
Reasoning: The Mexican peso has been showing signs of weakening, while the U.S. dollar has been gaining strength. This trend suggests that USD/MXN could continue its upward movement, providing a potential buying opportunity.
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