#usdars

..looking at the hourly chart you can see quite well the swing in the Peso against the US$ yesterday.  The price even spiked into my trend line but was rejected and closed at 24.02.  I'd say

Peso has devalued approximately 20% since start of month, I'd bet there's lots of Central Bank intervention in the FX market but will it hold?

..the peso immediately opened lower against the US$ comfortably moving through 24 in the first hour, will be watching...

..when I posted a couple of days ago the rate was 22.49.  Since then it has been as high as a touch under 24 but closed the week at 22.99.  As you can see the trend has accelerated from the start