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USD/MXN moves below 14.9950, eyes 55-DMA support at 14.9376

Source: Thomson Reuters USD/MXN moves below 14.9950 Wed flash low Broad exit out of USD longs gaining momentum as we head to the weekend Daily pivot support at 14.9687, then 55-DMA by 14.9374 & 14.84521 cloud top Direct …

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USD/MXN moves below 14.9950, eyes 55-DMA support at 14.9376
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Source: Thomson Reuters


  • USD/MXN moves below 14.9950 Wed flash low

  • Broad exit out of USD longs gaining momentum as we head to the weekend

  • Daily pivot support at 14.9687, then 55-DMA by 14.9374 & 14.84521 cloud top

  • Direct USD sales possible in case of drastic FX moves 

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