ProFX_Strategist

Potential for a consolidation structure to start forming

FX:USDMXN   U.S. Dollar/Mexican Peso
26 0 7
I guess the price action for this should be rather similar to the USDCAD             pair... (The Mexican Peso is also highly influenced by the crude oil             price...)

If crude oil             price is going to be very volatile & decide to rise or fall significantly, then we should also expect to see a rise or fall in this particular pair as well... In addition, also pay attention to the strength of the USD as well...
Aiming to be a "marksman" in scalping & "speculation". As retail traders, we are just "speculating" these markets-volatility in our retail-trading-platforms (E.g. we do not physically owned 100-Lots of Gold nor is storing a thousand-barrels of crude oil)
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