Question: You provide foreign exchange consulting services based on technical (chartist) analysis. Your client would like to have a good idea about the U.S. dollar and

You provide foreign exchange consulting services based on technical (chartist) analysis. Your client would like to have a good idea about the U.S. dollar and Mexican peso exchange rate six months into the future. First plot the past exchange rates and try to identify patterns that can be projected into the future by going to fx.sauder.ubc.ca.. What forecast exchange rate would you offer to your client?

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