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FxWirePro- Woodies Pivot(Major)

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USD/MXN edges lower, eyes daily pivot support by 15.5000

Monday, May 4, 2015 12:43 PM UTC

USD/MXN slightly lower in early NY, slight unwind of intra-LatAm trades
LatAm peers BRL-Chile weak, play catchup after Fridays' holiday
USD/MXN support at 10-HMA at 15.5400, 15.5002 daily pivot
Resistance at 15.5805/33 today's high/ upper 21-h Bolli, 15.6690 2015 High (Mar 11)
Mexico Manufacturing PMI at 11.30AM NYT, US factory orders/Durables at 10AM NYT

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USD/MXN edges lower, eyes daily pivot support by 15.5000

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