Samnzimande

Is Mexico finally recovering?

Short
FX_IDC:USDMXN   U.S. Dollar / Mexican Peso
On technical term, we have USDMXN price compressing in a triangle since last year. Shifting to 4 hourly timeframe there's a Head and Shoulder
spotted there indicating the economy's recovery. On Fundamentals term, just recently the Mexican currency suffered a knock
on Trump's new Tariffs so the GOP Lawmakers are discussing vote to block Mr Donald's Tariffs. For additional confirmation on technical terms, on daily timeframe we have a Gab that is about to be closed.

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