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
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