NAFTA optimism meets resurgance of USD strenght. The price movement seems to have consolidated on a horizontal zone between 18.62 and 18.54, that is still a very widespread but I believe this familiar price range is a welcomed pause for exotic currency traders after much volatility in the MXN market. Is this the calm before the storm? Trump address later today and...
Dollar showing some strength against the Peso!
I see here a bat : .382 B .886 C you can take C to D leg and TP at .886 or/and wait for completion of Bat and take short to .382 or/ .618
The Mexican Peso signals higher. Looks to add 15% to its value. Fundamentals linked to perhaps strong growth prospects
The Mexican Peso is now trading above the US Presidential Election key resistance level. Price could soar from here, we can enter longs and add on dips, or average in during a few days to a month. Returns are over 10% at the very least, in the coming 2-3 months. Negativity against the Peso kept many traders skeptical of this rally, all the way up. This is usually...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive 4XSetUps for next wee - friday close(1482 Cross-Rates) drive.google.com Best regards :) Aaron
RESISTANCE @ .0533. Go Short as soon as it hits resistance line.