Saturday 9 July 2016

Mexican peso

My latest bullish signal for the the mxn/usd was on 28 May 2016.Since then mxn/usd quote did not change at all.This week I got a bearish signal for the mxn/usd based on the net number of new short contracts opened(7,484) vs net number of old long contracts closed(14,614) in the last 3 weeks.Moreover I also got a PCC = - 0.94 for this currency in the last 3 weeks.This is bearish and I expext mxn/usd ratio to fall in the coming week(s).Check my strategy and trackrecord2016 file on my free websites:

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