Trend always reverses at the Blue Line (50-100 EMA / Monthly time-frame)
Thus target entry is at EMA 100 = 18.75MXN:1USD
Stop loss 17.75 based on 2017 support
Exit 23 mxn could go to 26 mxn but low US M2 following to 2008 spike ( 2011) tells me it wont go as high as covid's peak)
Thus target entry is at EMA 100 = 18.75MXN:1USD
Stop loss 17.75 based on 2017 support
Exit 23 mxn could go to 26 mxn but low US M2 following to 2008 spike ( 2011) tells me it wont go as high as covid's peak)
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