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Eren_Jaeger_Trader
Apr 28, 2019 10:21 PM

USDMXN 1:4+ Risk Reward Long Long

U.S. Dollar/Mexican PesoFXCM

Description

Fundamental Quant scores:
USD: +8
MXN: -6

Recent economic data suggesting USD strength in the future, on the flip side MXN data has been negative.

Comment

Large volatility after tariff action from Trump followed by the already weak fundamentals.

Comment

Tariff action likely to push position towards the upside in the long term.
Comments
Eren_Jaeger_Trader
Promising signs with USD strength shifting towards +21 and MXN dropping some further points. Get free access to the quant scores I mentioned at logikfx.co.uk
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