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USD/MXN shrugs off higher oil, rallies as global yields continue to rise

Tuesday, May 12, 2015 12:23 PM UTC

USD/MXN edges higher, shrugs off higher oil takes cues from firm global rates
US 10-yr yields at 6-mos highs, global equities & bonds weak as well
Resistance at 15.44 May 7 high, 15.478 76.4% Fib of 15.1075/15.5925
Above 15.5475 upper 21-d Bolli, Banxico offers at 15.4913
Support at 15.3541 10-HMA, 15.2802 daily pivot

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USD/MXN shrugs off higher oil, rallies as global yields continue to rise

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