Mexican Peso finally going to move after years of bouncing

139
As we can see, we are getting to the final of a continuation form but it is not clear if it's a continuation to the first big downward move or the bigger uppward move that comes from the ´90s - 2000´s. I just wanted to update you with this since it's a very clear year size form. My personal opinion is long in short term and short in the long term. I think it is going to go up in the short term and from the bounce we are going to see if it will continue up. I feels it is trying to get down since it has been there a lot of time every time it gets to that boundry, but history tells us that mexican peso tends to lose vs dollar since fiat money is around.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.