I believe in the coming few years the peso will go back to $18
Will be consistently looking to long USDMXN
Interest rates of the peso will be reduced, albeit slowly.
I think trump will be back in office which will affect the peso significantly.
Price action wise 16.4 looks like a favourable entry from previous respect of this level on higher timeframe.
0.5%-1% risk
Will be consistently looking to long USDMXN
Interest rates of the peso will be reduced, albeit slowly.
I think trump will be back in office which will affect the peso significantly.
Price action wise 16.4 looks like a favourable entry from previous respect of this level on higher timeframe.
0.5%-1% risk
Note
Pending buy limit set.Note
Trade has been activated, not quite the reaction off that level I was looking for but holding the position until SL.Note
Take profit achieved 6r
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.