U.S. Dollar / Mexican Peso
Long
Updated

USDMXN: Long against support...

237
Currently USDMXN sits at weekly support and turning up from oversold. I'm rotating from european currency shorts to MXN and CAD shorts here, USDSEK, USDCHF, USDEUR and USDGBP did make us some money but they got overbought recently. DXY is likely trending higher still, so rotating to oversold dollar pairs seems like a viable strategy here.

Best of luck,

Ivan Labrie.
Trade active
Double down on #USDMXN and move all stops to 19.11360 snapshot

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