ProFX_Strategist

Potential for a consolidation structure to start forming

FX:USDMXN   USD/MXN
7
I guess the price action for this should be rather similar to the USDCAD pair... (The Mexican Peso is also highly influenced by the crude oil price...)

If crude oil price is going to be very volatile & decide to rise or fall significantly, then we should also expect to see a rise or fall in this particular pair as well... In addition, also pay attention to the strength of the USD as well...
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