normstock

Mexican Peso October resistance.

FX:USDMXN   U.S. Dollar / Mexican Peso
Important resistance at the beginning of October. The review shows that we could have two likely targets, both quite aggressive in my opinion.
It is important to observe how it responds to the critical area and to remain attentive to its development.

Follow your own plan
Best wishes to all...
Sep 30
Comment: Nafta effect.
Sep 30
Comment: Success for the peso and a bad move for me. No big deal, loosing the critical zone the levels are not valid. Now, i will wait to settle and make a new plan.
Peso is close to a strong support, so i'm better wait at a side for a few days.

Best wishes all.
Sep 30
Trade closed manually
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