Technicals

Add as a preferred source on Google

USD/MXN edges lower, weak retail sales weighs

Weak US retail sales pushes out US liftoff sentiment, weighs on USD/MXN USD broadly offered v EM/DM, bonds yields fall, oil rises Pair could eye Apr 10 low by 15.0725 on a move below the cloud base (15.1343), then Apr 6 …

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • Weak US retail sales pushes out US liftoff sentiment, weighs on USD/MXN

  • USD broadly offered v EM/DM, bonds yields fall, oil rises

  • Pair could eye Apr 10 low by 15.0725 on a move below the cloud base (15.1343), then Apr 6 low 14.7575 

  • Resistance is at 15.2012 former pivot support & 10-HMA by 15.2814

  • Support ahead of daily cloud top (15.1445) at 15.1565

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560