Why the Mexican Peso Surged Against the USD? On Wednesday, the US dollar decreased in value against other major currencies, including the Mexican peso, by over 1%, due to reports of slower than expected US inflation. This suggests that the Federal Reserve may pause its interest rate hikes. According to data from the US Labor Department, inflation in April...
Setup Contains: 1. Stop Hunt (Buy Side Liquidity) 2. Structural Shift (Bullish) 3. Multi-Layer Confirmations 4. Expecting Return to Orderblock 5. Targeting Discount POI FOLLOW PAFX & TRADE LIKE BANKS 💸
Hello Traders, Hope you all are doing good!! I expect USDCAD to go down from here. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime,...