I see a bump for the Mexican Peso and then a dive after summer

FX:USDMXN   U.S. Dollar / Mexican Peso
I anticipate the antiglobalism movement will enrich Mexico for cheap labor (unless Trump gets elected then the Peso will melt down due to the tariffs) where China is already passing our own tariffs by exporting to Mexico where it gets a new shiny label and tariffs don't apply. I believe a billionaire has made moves to gather up the trucking and logistic companies in Mexico because of the growth. Afterwards, no matter what, the dollar DXY will soar to 140-160+ until itself too implodes leading to hyperinflation in the USA which will catalyze an opportunity to move to CBDC's based on social credit scores (negative interest rates).

I also see the TTM squeeze executing on all major TF's so a major move is coming!! Usually we see a bounce of the opposite side as a fake breakout, then a squeeze in the opposite direction lasting for 8 TF bars. Multiple consecutive TF's hint at a massive move and alignment
Looks like this is about to take off rather violently:

TTM squeeze executing on higher TF's and MACD strongest crossover on the monthly. Also, peso has more room to fall to catch up with all the Latin America currencies that are much lower.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.