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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

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

  • Banxico offer at 15.4402

  • Market Data
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