Mrbruno

Worried about where the dollar may be going? Check this out!

Short
FX:USDMXN   U.S. Dollar / Mexican Peso
As we can see, this pair, along with many emergent pairs, are looking extremely corrective. This pair, in specific, has lost both 50/100/200 emas, leading me also to believe a big correction is coming for most pairs as well! A little secret that i'd like to share with you all, is that i have been using specifically emerging markets as a source to track the dollar index for quite some time now!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.