USDMXN: Long against support...

Currently $USDMXN sits at weekly support and turning up from oversold. I'm rotating from european currency shorts to $MXN and $CAD shorts here, $USDSEK, $USDCHF, $USDEUR and $USDGBP did make us some money but they got overbought recently. $DXY is likely trending higher still, so rotating to oversold dollar pairs seems like a viable strategy here.

Best of luck,

Ivan Labrie.

Trade ist aktiv:

Double down on #USDMXN and move all stops to 19.11360