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USD/MXN edges lower, weak retail sales weighs

  • Weak US retail sales pushes out US liftoff sentiment, weighs on USD/MXN

  • USD broadly offered v EM/DM, bonds yields fall, oil rises

  • Pair could eye Apr 10 low by 15.0725 on a move below the cloud base (15.1343), then Apr 6 low 14.7575 

  • Resistance is at 15.2012 former pivot support & 10-HMA by 15.2814

  • Support ahead of daily cloud top (15.1445) at 15.1565

  • Market Data
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