USDMXN HAS SHOWN STRONG MOVMENT TO THE DOWN SIDE SINCE THE 22 s ....
from a monthly , weekly & daily prospective we can easily see a strong Support Area around. 21.00 .- 20.90 ...
Despite the weakness of the Dollar & the good mood in Equity today , this Area seems a good one to add and try some LONGS ... BUT NO RUSH ..
ENYTRY 20.90-21
P T - 21.20-40
S L - 20.8
GOOD LUCK
from a monthly , weekly & daily prospective we can easily see a strong Support Area around. 21.00 .- 20.90 ...
Despite the weakness of the Dollar & the good mood in Equity today , this Area seems a good one to add and try some LONGS ... BUT NO RUSH ..
ENYTRY 20.90-21
P T - 21.20-40
S L - 20.8
GOOD LUCK
THEN TO STRENGHT SOME EMERGING MKT CURRENCYES. LIKE THE MXN ..
PREFER WAIT AND SEE ..
NOW NEUTRAL ...AROUND 21 ...DOING SOME INTRADAY TRADING
GOOD LUCK