The Mexican peso is climbing

The Mexican peso is climbing early on Monday.
The currency is up by 1.1% at 21.3552 per dollar as of 8:44 a.m. ET.
"The US dollar appears to have put in a double top against the Mexican peso near MXN22.00.  The neckline is around MXN21.50; giving a minimum measuring objective of MXN21.00," Marc Chandler, global head of currency strategy, wrote.
"The MXN21.10 area also is where the 50% retracement of the dollar's rally since around the mid-December FOMC meeting."
Separately, President D