ridethepig

Storm clouds gathering...

ridethepig Updated   
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
=> Markets are still awaiting more details on NAFTA from the Canada front whilst the knife is already being stuck into the bent knee of Mexico.
=> Here we have a minor update to our chart with the lows still managing to hold for now there is nothing to see or do here...
=> Expecting USD to catch a strong bid as the Peso continues to weaken in the weeks ahead. Any dips towards 18.62x are competitive for the mid-term.
=> Good luck all trading this one
Comment:
Bulls stepping in at 18.80 as widely expected...
Comment:
"strong support at 18.62x" ...and there we have it

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