GT247.com Trading Blog

LONG USD/MXN EXPRESS TRADE

Written by Musa Makoni | 15 Sep 2017

 

The Peso is looking set for some short term weakness given the positive run that we saw yesterday. The USD/MXN is a volatile currency pair and only traders with high risk tolerance should take on this trade.

 

Trade Summary

ENTRY: 17.6850

STOP LOSS: 17.6500

TARGET PRICE: 17.7500

 

Always remember to apply your risk management measures before placing your trades as this will keep you trading in the markets.

Read more notes by Musa HERE.

All charts sourced from Bloomberg

 
 
Musa Makoni | Trading Specialist at GT247.com
Compiled for Fin24
 
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