USDMXN Long Term Target (1-3 years): $28-33 pesos per dollar

1M chart bullish pennant has broken to the upside, with a target of around $28 to 33 mxn per 1 dollar.

I'm pretty confident in this trade given it took 3 years for this pennant to form so its pretty clear cut TA wise. Also given the economic forecasts and the current administration, it's almost guaranteed.

Let's see how this ages.
Chart PatternsTrend AnalysisUSDMXNusdmxnlong

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