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The Mexican Peso in 2017
We discuss the Mexican Peso against the US Dollar in this video, looking at the history, fundamentals and technicals of the Mexican economy and its currency.
https://www.youtube.com/watch?v=GLVqc9OL-OU
https://www.youtube.com/watch?v=GLVqc9OL-OU
USD/MXN - Ascending Triangle!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 13.2248
Mexican Peso starting from May has begin building a large support zone at (11.92) price leve from which it weaken against the us dollar which begin to gain more and more strength every day in a sharp bull rise .After this movement the pair begin to move in a range which now seen on the chart below looks like an ascending …