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USD/MXN dips back into daily Ichi cloud, nears multiple MA support

Thursday, April 16, 2015 12:17 PM UTC

Source: Thomson Reuters

USD broadly weak as recent US data misses push out US rate hike sentiment
USD/MXN edges lower, slips back into daily Ichi cloud, probes below 15.20
USD/Latam's lower as overcrowded long US trade booking profits
USD/MXN support at daily Kijun 15.1603, 15.11 area 10/21/50-DMA area, resistance at 15.3033 daily pivot
Daily cloud base at 15.0520 the floor, below, 14.7575 Apr 6 low attracts

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USD/MXN dips back into daily Ichi cloud, nears multiple MA support

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