Update 18.03.2012
After breaking long raising wedge, USD continues to make a further losses against MXN.
While 12.60 remains a price of rather strong support, area of interest for a potential short entries is 12.73 - 12.95, depending on what time-frame trade is targeted. Daily trend remains bearish as long as price remains bellow 200DMA.
Long entries may be triggered from the March low @ 12.55-60 with stops bellow daily lows that may give quite substantial risk/reward ratio....
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