SIGNAL TERMINATED – USD/MXN LONG – STOP LOSS
Today, CA analysts are stepping down from the short-term analysis on USD/MXN from 20/11/6 in LOSS. The assumption of a recovery of the US dollar after the approval of the “rescue” packages will not be confirmed and the journey of the USD to the hot hells of the debt sphere has begun. And paradoxically, even the Mexican peso is becoming a more respected currency than the all-beating Texas dollar.
ORIGINAL TEXT: USD/MXN Long. The high volatility of the US dollar is on the agenda today. The downtrend is already the color of Mexican Peso & USD, and CA analysts intend to benefit from this. They choose a strategy of buying below the support line at the limit price. This is a medium-term analysis.
Chart source: WebTrader