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USD/MXN eyes Fib support at 14.7953, oil providing lift for MXN

Source: Thomson Reuters USD/MXN trades -0.6% lower in early NY trade, oil up slightly providing lift for MXN Intra-LatAm flows light for Carneval, no local Mex data today USD/MXN support by 14.80 50% Fib/21-DMA area, 14.…

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USD/MXN eyes Fib support at 14.7953, oil providing lift for MXN
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Source: Thomson Reuters


  • USD/MXN trades -0.6% lower in early NY trade, oil up slightly providing lift for MXN

  • Intra-LatAm flows light for Carneval, no local Mex data today

  • USD/MXN support by 14.80 50% Fib/21-DMA area, 14.7279 50-DMA

  • Resistance at 14.8928 10-DMA, 14.9430 daily Tenkan line, Banxico 15.1214

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