Futuro del peso mexicano 5-3

  • USD/MXN trades into daily Ichimoku cloud but closed below base on Friday
  • Today cloud 18.8476-19.1043, high 18.9355. 55/100-DMAs 18.9280/18.9394
  • Short-covering fuelling rise plus peso weighed by risk averse back drop
  • U.S. tariffs are weighing on risk appetite, specs are short USD/MXN IMM/FX
  • However, current levels suit top-picking with 1% stops over the cloud top
  • MXN stocks at key Dec/Feb lows around 47k mark should also draw buyers
  • 100 HMA= 529.50

Futuro peso mexicano 5-3

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