Possible zones to buy or sell. Actually Long as inflation in Mexico decreased, so if USD keeps strong after NFP price will try to retest 19 MXN.
However MXN is strong so there will be rejections there. If Bank of Mexico continues hawkish, price will be bouncing around 18.11 / 18.17. Those prices are still OK to keep going long as 18 will be a strong support again. And 19 resistance, so good zones to keep buying/selling so you can milk in both sides.
So OK for me this weekend (11-03) and maybe next to search generally for Longs, specially if NFP good for USD
However MXN is strong so there will be rejections there. If Bank of Mexico continues hawkish, price will be bouncing around 18.11 / 18.17. Those prices are still OK to keep going long as 18 will be a strong support again. And 19 resistance, so good zones to keep buying/selling so you can milk in both sides.
So OK for me this weekend (11-03) and maybe next to search generally for Longs, specially if NFP good for USD
Not
Check my EUR MXN idea which will be my up to date statusFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.