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USD/MXN rises toward minor Fib resistance by 15.2200

USD/MXN remains firm, probes minor Fib resistance by 15.2220 Daily cloud base support by 15.1095, move < eyes 14.7575 Apr '15 lows Above the 23.6% Fib at 15.2220, the 50-DMA at 15.2458 attracts US yields elevated as mark…

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  • USD/MXN remains firm, probes minor Fib resistance by 15.2220

  • Daily cloud base support by 15.1095, move < eyes 14.7575 Apr '15 lows

  • Above the 23.6% Fib at 15.2220, the 50-DMA at 15.2458 attracts

  • US yields elevated as market continues to price US hikes by Year-end '15

  • Banxico offer  at 15.3695 caps the market

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