PGTrades

USDMXN LONG SL & TP ON CHART

Long
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FX:USDMXN   Dollaro / Peso messicano
I believe in the coming few years the peso will go back to $18

Will be consistently looking to long USDMXN

Interest rates of the peso will be reduced, albeit slowly.
I think trump will be back in office which will affect the peso significantly.

Price action wise 16.4 looks like a favourable entry from previous respect of this level on higher timeframe.

0.5%-1% risk
Commento:
Pending buy limit set.
Commento:
Trade has been activated, not quite the reaction off that level I was looking for but holding the position until SL.
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