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FxWirePro- Woodies Pivot(Major)

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FxWirePro- Woodies Pivot(Major)

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USD/MXN eyes 10-DMA by 15.5065 ahead of the Fed

Tuesday, June 16, 2015 12:43 PM UTC

USD/MXN likely rallies as Fed poised to hike in Sep/Oct, Banxico steady
Trades in tight 15.40/46 range, USD bid vs DM on Grexit fears
Above 100-HMA 15.4359, eyes 10-DMA 15.5065 then daily tenkan 15.5580, support 15.3998 21-DMA
Japan banks buy USD/MXN overnight (hedges), offers 15.47 ahead of 15.4877 pivot
Higher USTs & oil provide small lift for peso, FOMC begins today presser Wed

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USD/MXN eyes 10-DMA by 15.5065 ahead of the Fed

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