USDMXN: 25,000+pips Potential SELL???
"Mexican President Andres Manuel Lopez Obrador said on Friday he aims to present plans next week to reopen the economy, as key sectors like carmaking look to begin business again after over a month of quarantine measures to curb the coronavirus outbreak"@Reuters. Mexico is planning to announce the plan on Wednesday or Thursday. I managed to capture more than 50,000pips in March alone with more than 1000% profit! If the announcement on Wed/Thurs suggests the economy will reopen soon, then this will be a great SELL opportunity as MXN will get some strength. USDMXN could potentially see '21.0000' price point! that's more than 25,000pips SELL potential! I will be waiting for the announcement and place my trade accordingly!!
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.