FX:USDMXN   U.S. Dollar/Mexikanischer Peso
149 0
An idea a little more detailed than the previous one, the peso maintains a strong relationship with usdollar so I can foresee a similar future.

This map shows a fairly clear trend, however this is a presidential year and the Left party looks quite strong, a Left that has not been very friendly with plans and laws related to crude oil and privatizations in general.

Will this affect the exchange rate?

The peso will begin to lose ground before the elections?
I do not know and I do not want to guess, I prefer to have a good map and decide according to how it develops.

Best wishes to all!
Kommentar: Waw crossed the R & S without any problem ... Well I have to be realistic, the DXY touched its MLevel, (strong support) and the MXN bounced from a support marked in graph. In the escape cross angles and R & S as if they were not there ....

More than clear that the Mexican peso lost this fight.

I will continue using this chart as a reference as the levels are quite reliable.

Best wishes to everyone!!
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