Hola! This chart shows USD/MXN currency pair on a weekly time frame. Further based on a top-down analysis, the monthly chart is revealing some exhaustion. The weekly chart shows anti-persistence along with a positive divergence. Will this strength of USD continue? My opinion is that autumn will start the cycle of favorable results to the shorts on this pair. Before this downmove may start, we should be able to see 16.02 level (being the upside of envelope) on a daily closing basis. Once the level is accomplished, shorts should enter and take it down for the rest of the season. Then we can see 13.50 and 13.05 on this pair. Yes, that will take time (six months). You know what my trades would be like

Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –