Futuro del peso mexicano 7-6

  • Mexico May inflation data 13GMT. Core f/c 3.68% yy from 3.71% (4.87% Dec 17)
  • Peso’s 12.7% plunge in May suggests big upside risk for inflation data
  • USD/MXN at 20.375 is elevated near its recent 20.4875 high
  • Consolidation near peak is bullish sign suggesting break 20.50 options soon
  • Dips from highs have been too shallow to lead to successful barrier defence
  • Break Feb 17/20 2017 peaks 20.54/545 targets 76.4% 2017/18 drop @ 20.9626
50 HMA= 490.30
100 HMA= 495.00
Futuro del peso mexicano 7 - 6
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s