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USD/MXN threatens 10-DMA resistance by 14.9500

Wednesday, February 25, 2015 4:47 PM UTC

Source: Thomson Reuters

Mexican current account beats forecast at 2.1% of GDP
Weak oil weighs on MXN, pan-Latam worries over US normalization
Mexico budget cuts, inflation at target & econ recovery MXN positive
USD/MXN support at 14.86/87 recent lows, 14.85 Tenkan/up TrendLine, 14.7624 55-DMA
Resistance at 14.9478 10-DMA (former support), 14.9615 200-HMA, 15.0074 100-HMA

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USD/MXN threatens 10-DMA resistance by 14.9500

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