📝Looking to Start Scaling Into Tactical USD/MXN Short: UBS Strategy

I think tactical USDMXN shorts are being taken back ahead of US Treasury Secretary nominee Scott Bessent's hearing after the pair failed the test of the 50-day moving average on Wednesday. Flows have been light and two sided so far, with some local selling of USDMXN offset by model buying. I would look to start scaling into some very tactical shorts. - UBS Strategy