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USD/MXN below daily pivot support by 15.4598

Wednesday, June 10, 2015 12:23 PM UTC

USD broadly lower overnight, China cuts GDP forecast & inflation forecast further accommodation expected
USD/MXN below daily pivot support by 15.4598, RM/ leveraged accounts on offer
Support at Jun 1/2 low by 15.38, 50% Fib of 14.9845-15.77 at 15.3773
Resistance at 10-HMA 15.5076, hourly high at 15.5535
Daily momentum turns down, daily cloud base at 15.2133 the floor

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USD/MXN below daily pivot support by 15.4598

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