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USD/MXN - Long!

Panjang
Dolar A.S. / Peso Mexico (FX_IDC:USDMXN)  
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FX_IDC:USDMXN   Dolar A.S. / Peso Mexico
USD mxn
9
0
usd mxn
Will write more later, busy opening positions

T1:20.5
T2:20.9

Timeframe: 5 - 10 days
SL: 18.9
Komen:
So, to elaborate. I think we've reached a point where UM would be had Trump not become president and created that spike last year in November. From there on, if we have a look at the monthly chart we can clearly see a monthly uptrend that has been going on for years.

I you have time set Target 3 to 22.1, however I believe we will see that in April/Mai

Good Luck,
George
Komen:
hitting our first soft-target ;)
Komen:
Perfect position to re-enter long . Jobs data was bad, however there is no reason for the downtrend from today to continue.

Good luck
Penafian

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