MXN/USD - Mexican Peso US Dollar

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TradeTom Mar 20, 2016 7:41PM ET

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TATonline.com is long on the Peso with profit of $625 in less than a week. For more picks, see takeatradeonline.com. ..Also, free pick this week is cotton: ...TAT Online is recommending a long entry (please refer to TAT recommendations for a specific entry point) in Cotton (@CT) based on several setup factors including:.* Commercial buying levels and their net position.* Small speculators being extremely bearish (which means smart traders should be thinking the opposite).* The activity of open interest indicating bullish bias.* Bullish premium in the market.For the rest of our current trade recommendations and market entry points please visit takeatradeonline.com..

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Jan 13, 2016 12:47AM ET

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USD/MXN The reaction low in mid-December around 16.9000 is now an important pivot with strength favored while above this level. In recent days the market has found resistance around the 161.8% extension of the September – October decline near 17.9700. Traction above looks needed to set off a new leg higher in the rate.

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