$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar

The Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is a good long-term opportunity. Monthly Dollar Index Elliott Wave Chart The monthly chart above shows the structure of … Continue reading "$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar"

The Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is a good long-term opportunity. Monthly Dollar Index Elliott Wave Chart The monthly chart above shows the structure of … Continue reading "$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar"