luismromerog

Too many factors that tell us USDMXN will be up to 120%

Long
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
The most recent precedent in the history of the new peso is the crisis of 1994, when it rose 120% in 4 months and it is likely that current rise will be greater due to various factors (external and internal) to the Mexican economy.

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.