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USD/MXN assaulting 13.15 post-data

FXStreet (Edinburgh) - The greenback is picking up pace vs. its neighbor south of the Rio Grande, lifting the USD/MXN to levels beyond 13.15.

USD/MXN in multi-day peaks

The pair is extending the bounce off recent lows near the psychological support at 13.000 following the USD current rally, managing to return to levels last seen in early August. Data-wise, the Chicago Fed National Activity index improved to 0.39 in July and Mexican Retail Sales expanded 0.2% inter-month during June, shrugging off May’s 0.1% contraction; on a yearly basis, sales grew 1.1% vs. 1.6% previous.

USD/MXN levels to consider

The pair is now up 0.10% at 13.1477 with the immediate hurdle at 13.1530 (high Aug.13) and then 13.2090 (high Aug.12). Support levels align at 13.0860 (200-d MA) ahead of 13.0335 (low Aug.15).

EUR/USD unable to hold above 1.3200

The Euro attempted to recover from multi-month lows at 1.3180 and it traded above 1.3200 earlier in the day, however the pair wasn't able to hold these prices and now it is pricing at 1.3190.
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