MEXICAN PESO
The Mexican Peso is about to experience a big short-term correction. The price graph is just above the short-term moving averages (10d, 20d and 30d), the moving averages are trending up and the fast stochastic indicator that I use signals an over-sold condition. Definitely a SHORT. Most likley to be affected by higher interest rates, but that is a story for another graph.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.