FXMarketAlerts Team
FXMarketAlerts
Published at 09:30 (GMT) 19 May
09::30 GMT - USD/MXN still being propped up for now by a strong USD index nearing the 95-handle once again. On that note, USD/MXN could be looking to take a shot at Mon's high soon at 15.144 and could still find its way closer to the 50-day MA at15.221 in due time before the next selloff hits. Key support is the 100-day MA at 15.042 and will be watched closely. R.Z
R5: 15.665 ** 11 Mar high
R4: 15.59 * 01 May high
R3: 15.438 07 May high
R2: 15.221 * 50-day MA
R1: 15.144 18 May high
S1: 15.042 * 100-day MA
S2: 15 * figure
S3: 14.979 15 May low
S4: 14.753 * 06 Apr low
S5: 14.34 ** 200-day MA
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