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USD/MXN off daily lows, support by 50-DMA

Friday, April 17, 2015 12:50 PM UTC

Source: Thomson Reuters

USD/MXN off daily lows by 15.1160 (50-DMA), trades near flat on the day
USD weaker v DMs on positive UK/EZ data, recent US data disappointed
UST yields lower as market pushes out US hike expectations
USD/MXN support at 15.1160 10/21-DMA nearby, resistance at 15.2017 daily pivot, daily cloud base 15.0520
Pair could test 14.7575 Apr 6 low on a move below cloud base, 14.435 Jan 15 low

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USD/MXN off daily lows, support by 50-DMA

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