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USD/MXN hovers around daily by 15.3900

Source: Thomson Reuters


  • USD/MXN opens NY trade by 15.3859, hovers around daily pivot

  • Support at daily pivot (15.3682), 10-DMA/TrendLine support in 15.33/34 area

  • Resistance at 15.4208 upper 21-h Bolli, 15.4920 Apr 21 high

  • Fed and Banxico interest rates remain key focus, both expected to stay on hold 

  • Mexico prepared to hike if inflation rises, on hold as growth slow to pick up

  • Market Data
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