Last Wednesday, USNMXN took down daily R3 level. That was an extreme demonstration of bullish strength for USDMXN currency pair. To my surprise, after Thursday, Price continue to crash and breach today's daily S2 level. Talk about volatility. I have entered a max lot size position, hopefully I have enough margin to stomach the wild volatile bear right now. Main trend of USDMXN is bullish, and is currently experiencing a deep retracement phase. I will keep my finger cross on this one.
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