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U.S. Dollar / Mexican Peso

Fundies Show Weakness, Technicals Show Oversold

By WhiskeyTangoFoxtrot3
To be brief, Mexican growth is slowing with prospects for the G20 economy to slow further. Technicals oscillators shown below indicate a buy as well. This buy is a bit crowded however, so I wouldn't be surprised if the contrarian sell comes in strong. But I lean long.

If you like my analysis, please feel free to check out my other work at anthonylaurence.wordpress.com
Beyond Technical AnalysisFundamental AnalysismexicanmexicanpesomexicanpesolongmexicopesopesolongTrend AnalysisUSDMXNusdmxnideausdmxnlong
WhiskeyTangoFoxtrot3

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