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USD/MXN between 15.35 and 15.50

FXStreet (Córdoba) - USD/MXN continues to trade around 15.40 - 15.45, moving sideways, near monthly highs.

The Mexican peso is about to end the day with minor changes against the US dollar for the second day in a row. Yesterday, during the Asian session reached at 15.492, the highest in a month and since then it has been moving in a range with support at 15.350 and resistance below 15.500.

USD/MXN with resistance below 15.5000

To the upside, the immediate 15.500 area is a key resistance level to watch followed by 15.563 (March 13 high) and 15.668 (March 11 high). On the flip, support levels might lie at 15.409 (intraday level), 15.350 and 15.285.

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