Exotic currency long-term trading: USD/MXN

Dear fellow traders,

I am looking to make a long-term (carry) trade on the USDMXN.
Can any of you provide insights for analysis because the long-term trend on D1 is not very clear
and I am unsure on methods which I can use to analyse the length of this trading cycle.

Really appreciate all contributions and all the best. :slight_smile:

  • Riyadh

If you are looking for a carry trade (positive interest rate differential) then the trend shouldn’t bother you - unless you suspect that the difference in future exchange rates could nullify the interest advantage then it is no longer a carry trade, just a trend trade.