Published at 09:35 (GMT) 11 Jul

USDMXN

09:35 GMT - USD/MXN continues to avoid bouncing much to our surprise off the key MA zone at 13.371/306. We have given our bounce view plenty of time to pan out back to 13.54, but it is not happening like we planned. This mkt stays under pressurefor now, but we are just not sure it is yet heading for another breakdown to 13.00. R.Z

R5: 13.972 * 25 Jun high
R4: 13.907 25 Jun close
R3: 13.791 * break level
R2: 13.731 * 50-day MA
R1: 13.54 * break level
S1: 13.371 * 200-day MA
S2: 13.306 * 100-day MA
S3: 13.242 02 Jul low
S4: 13.237 10 Jul low
S5: 13 * figure