Technical thoughts on USDMXN - Short Plays on Offer
2020-02-06 08:46:10
CTFC data showing Non Commercials remaining heavily long Peso with technicals supporting a bid in the MXN.
While we remain positioned long USD toward our $100 macro swing target, we have placed directional short plays from here toward our buyside target in the MXN.
https://www.tradingview.com/chart/DXY/fQF2hXSd-Portier-USD-Index-Macro-Outlook-Analysis-Market-Commentary/