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FxWirePro: USD/ CNY gains some upside momentum but still bearish

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USD/MXN higher on weak oil, market eyes mid-yr US hike

Friday, March 13, 2015 12:35 PM UTC

USD/MXN rallies on weak oil, UST yields rise, market eyes mid-yr US hike
Banxico in the market sold USD by Thurs lows at 15.3606, program likely too small to impact
USD/MXN support at 15.4822 former daily pivot resistance, 15.3778 minor Fib
Resistance at 15.5560 today's high, 15.6282 upper 21-d Bolli, 15.6313 CB level
Mex IP Rtrs forecast +0.53% m/m, Mex holiday Mon may see USD longs lighten

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USD/MXN higher on weak oil, market eyes mid-yr US hike

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