xtrader1

USDMXN LOWER BEFORE X-MASS

Short
PEPPERSTONE:USDMXN   U.S. Dollar / Mexican Peso
- Seasonally MXN is strong in NOC/DEC
- Seasonally USD is weak in DEC
- COT supports this outlook
- Asset Managers + Leveraged Money accumulating Longs
- Leveraged Money also distributing Shorts
- Looking for a drop from DEC Pivot to DEC S2
- Higher Timeframe objective is Weekly Bullish Orderblock at 18.80

COT: images2.imgbox.com/4f/55/B5GuJCoK_o.png

Sultan of Swing