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USD/MXN drifts higher, weak oil, higher US rate outlook support

Source: Thomson Reuters USD/MXN rising, supported by weak oil and higher US rate outlook Pair trades between 10-DMA & upper 21-d Bolli Long tails' rising MA's hints further rise Resistance at 14.9855 minor Fib, 15.00 opt…

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USD/MXN drifts higher, weak oil, higher US rate outlook support
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Source: Thomson Reuters


  • USD/MXN rising, supported by weak oil and higher US rate outlook 

  • Pair trades between 10-DMA & upper 21-d Bolli

  • Long tails' rising MA's hints further rise  

  • Resistance at 14.9855 minor Fib, 15.00 option interest area, 15.0867 upper 21-d Bolli

  • Support at 14.9050 today's low/10-DMA area, 14.7953 50% Fib of 14.435-15.1555

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