FX:USDMXN   U.S. Dollar / Mexican Peso
40 0 1
With Trump's latest foot in mouth controversy, it makes sense to have a look at USDMXN             and see where we can buy the peso. It looks to me that we've seen a blow off top into 20.00 and although I'm unwilling to fade USDMXN             strength, I will sell weakness. I've identified 19.15 as the area to sell a clean break with a stop above 19.30 for realistic targets near 18.50 and the potential for a much deeper breakdown if those levels are breached.

Sell USDMXN: 19.15 (break)
Stop: 19.28
TP1: 18.50
TP2: 17.00
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