FXMarketAlerts Team
FXMarketAlerts
Published at 09:30 (GMT) 09 Jun
09::30 GMT - USD/MXN does continue to roll a bit lower at the moment and now pressing near the next key level at 15.59. Still can't call the latest action a confirmed top yet given that the mkt is still holding trend at this time and not quite reversing far enough back down into the prior range. If 15.59 can not hold, the risk is to 15.516. If 15.59 does hold there will be a bounce back to 15.767. R.Z
R5: 16 ** figure
R4: 15.92 projection
R3: 15.865 projection
R2: 15.8 projection
R1: 15.767 05 Jun high
S1: 15.601 08 Jun low
S2: 15.59 * 01 May high
S3: 15.516 05 Jun low
S4: 15.5 break level
S5: 15.281 * 50-day MA
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