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USD/MXN capped by Fibo resistance by 15.2600

Source: Thomson Reuters USD reverses earlier gains to daily pivot resistance by 15.25, UST yields fall US data mixed on weak existing home sales and Philly Fed data Pair back above daily cloud and 10-DMA support by 15.19…

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USD/MXN capped by Fibo resistance by 15.2600
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Source: Thomson Reuters


  • USD reverses earlier gains to daily pivot resistance by 15.25, UST yields fall

  • US data mixed on weak existing home sales and Philly Fed data 

  • Pair back above daily cloud and 10-DMA support by 15.19

  • Close above 15.2598  50% Fib of 15.43-14.9845 puts bulls back in control

  • Banxico offer at 15.4402

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