USDMXN looking like a good long-term buy.
Daily Stochastic has turned up, and weekly Stochastic looks set to follow soon. Monthly Stochastic is drifting sideways, but the buy signal on 1 Sep 2017 remains intact. The monthly trendline has survived three major tests, each rebounding significantly to the upside. It's about to be tested again.
Would like to see the Commercials (Red Line) move up and peak for extra comfort. Maybe it's already there, but no way to know while the US Government remains in shutdown.
Daily Stochastic has turned up, and weekly Stochastic looks set to follow soon. Monthly Stochastic is drifting sideways, but the buy signal on 1 Sep 2017 remains intact. The monthly trendline has survived three major tests, each rebounding significantly to the upside. It's about to be tested again.
Would like to see the Commercials (Red Line) move up and peak for extra comfort. Maybe it's already there, but no way to know while the US Government remains in shutdown.
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