normstock

Love or hate?

normstock Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
How much love these two have?. I have to accept that I expected to see 17.20, It was a crazy dream... (ok, my DXY chart I was using as reference was wrong).
This time I will keep them together and see what kind of relationship there is even on days as important as right now for Mexico. (NAFTA and Presidential Elections).

Best wishes!!
Comment:
DXY has reached its R & S level an important resistance and we must see how it reacts, on the other hand the USDMXN exceeded its R & S level but stopped at the secondary resistance.

I do not think that this chart needs any revision, until now everything is fine.

Best wishes to all!
Comment:
The "Mx Peso" give us a beautiful candle standing right on its line at 19.65.
Comment:
Both are nicely respecting his levels but looks like they are taking different paths. Let's see how this develops
Comment:
Ok target reached in the USDMXN, i going to give it a few days to settle and review

I hope this has been useful
Trade closed: target reached

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