Futuro del peso mexicano 22-11

  • USD/MXN opens NorAm 20.31 holds nearby, o/n range 20.4450-20.2800
  • Back from holiday MXN plays catch-up w/broader risk rally, USTs/oil higher
  • Mex GDP Wed, rising inflation may add to Mex woes w/Fed hike exp’d in Dec
  • USD/MXN sup 20.2825 Tues low, 20.1592 38.2% Fib/Nov 16/17 low area
  • Res 20.3699 falling 10-HMA, 20.4423 hrly cloud base, 20.5062 daily pvt
  • ST vol elevated, though off pre-election highs;

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