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U.S. Dollar / Mexican Peso
Short

USDMXN Short 4HR Chart

By Kevinsem
Updated
Look for shorting opportunities if prior support turns into resistance. On a fundamental side, NAFTA will start to be negotiated in less than two months. News regarding NAFTA can make this pair very volatile. Remember to use at least a 1:2 Risk/Reward ratio with proper risk management. I love Comments and Likes!!!

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Comment
The next four hour candle bounced off the resistance zone and was slammed down by sellers. Trade worked out to perfection!
mxnnaftapipsincomingshortUSDUSDMXNvolitility

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