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USD/MXN weak, eyes daily cloud top by 14.87

Source: Thomson Reuters USD/MXN edges below lower 21-d Bolli support eyes 55-DMA by 14.9388 Mexico aggregate demand & Private spending beat y/y, suggests nascent Mex recovery USD sell-off continues after dovish FOMC tipp…

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USD/MXN weak, eyes daily cloud top by 14.87
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Source: Thomson Reuters


  • USD/MXN edges below lower 21-d Bolli support eyes 55-DMA by 14.9388

  • Mexico aggregate demand & Private spending beat y/y, suggests nascent Mex recovery

  • USD sell-off continues after dovish FOMC tipped to delay mid-yr rate liftoff

  • USD/MXN support lies at 55-DMA by 14.9388, 61.8% fib by 14.9064, daily cloud top 

  • Resistance at 15.0098 10-HMA, down TrendLine off Fri hourly high by 15.0370, daily pivot caps

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