Daniel.B

MXN Futures Reaching historical support

CME:M61!   None
7
Well its always a good ride entering into the EMFX side of the currency market. The area I have my eye on is the marked area of historical support at 0.06386 for signs of bullish evidence in order to buy the Peso with an overall target at the marked level of resistance.

Do note this is not a trade I'm looking to take yet as the opportunity / signal to enter has not manifested itself for me. It is just a potential setup I've had my eyes on for a couple weeks now.

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