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USD/MXN at major resistance as border battle rages


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USD/MXN jumps

Talk of closing the border has jolted USD/MXN today, sending it more than 1% higher.

Technically, the downtrend from the 2017 high is being threatened.

If that breaks, it’s fairly clear sailing until the June high.

Aside from Trump raging about the border, there is some worry about the new government of Lopez-Obrador, who will be sworn in next weekend.

ForexLive

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