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.
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.
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.