FXMarketAlerts Team
FXMarketAlerts
Published at 10:30 (GMT) 12 Feb
10::30 GMT - USD/MXN was able to close above 15.065 on Wed, but not able to stay above on an intraday basis coming into today. If the mkt cracks below 15.00 and sustains a move below there today, the roll lower risk then would be to 14.863. If the mkt can hold at 15.00 then it would be primed for another shot higher above 15.063 toward 15.195. R.Z
R5: 15.58 ** Mar '09 high
R4: 15.262 * Feb '09 high
R3: 15.25 * projection
R2: 15.195 projection
R1: 15.063 * 30 Jan high
S1: 15.01 intraday low
S2: 15 figure
S3: 14.863 * 09 Feb high
S4: 14.71 * 50-day MA
S5: 14.37 * 17 Dec low
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