forexsavants

Peso correction - USDMXN Long

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
The Peso has had a smaller run to the upside and institution have been peso long. However last data showed an increase in shorts on the peso and therefor
we think maybe we will see USDMXN going higher.
This is one of our favorite pairs to trade and maybe its because of the tequila =)

Happy smart trading!

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