Friends,

Just taking it forward from my previous blog post, I closed my USDMXN long position with a profit.
I will look at new long USDMXN positions if I see shallow retracements using daily pivots.

Back to explaining my rationale for market's risk off sentiment.

Japanese Yen along with the Swiss Franc have benefited this week from their safe haven status on growing uncertainty about the outcome of the US Presidential election while investors await the release of US October wage growth and non farm payroll figures later today.

So, risk off sentiment prevails at the moment.

Cheers !!
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