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USD/MXN consolidates around 10-HMA by 15.332

Wednesday, May 6, 2015 12:38 PM UTC

USD/MXN consolidates around 10-HMA by 15.332, biased to downside
Correlation with oil breaks down, rates in focus, no Mex data today
Oil price rise weakens USD lifting global yields, MXN gains muted by rates rise
USD/MXN support at 21-DMA by 15.3136, 15.2506/15.2315, 76.4% Fib/55-DMA

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USD/MXN consolidates around 10-HMA by 15.332

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