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ridethepig
Sep 16, 2018 8:15 PM

Shorts remain under pressure here... 

U.S. DOLLAR / ARGENTINE PESOICE

Description

=> Here we are tracking for a short-term high to be set, whilst bulls remain above resistance at 39.35 the yearly highs are open for a test.
=> Here we can either trade crumbs to the highs or look for opportunities at 41.50x as we begin to set a secular high.
=> Whilst we don't see EM out of the woods yet, we are expecting some recovery into 2019.
=> A very complex environment here so good luck to all those involved.

Comment

a perfect range so far... 35.97 - 39.35

Comment

"41.35x looks easily within reach" all done here...

Trade closed: target reached

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