The outcome of the Elections in the United states will surely have a big impact on the USD in the coming days or maybe weeks.
Eurusd, one of the currency pairs expected to be hugely affected by this event, has been in a sideway move since March 2015 after about 18 months free fall.
The bears made a strong statement in August from an intra_day view with what could be an impulse wave drive.
With a fast correction upside and a strong resistance at 1.1144, price may continue downside especially if the support trendline is broken below.
A break above 1.1144 will mean that the bulls will be in control again (from an intra_day degree) .
Eurusd, one of the currency pairs expected to be hugely affected by this event, has been in a sideway move since March 2015 after about 18 months free fall.
The bears made a strong statement in August from an intra_day view with what could be an impulse wave drive.
With a fast correction upside and a strong resistance at 1.1144, price may continue downside especially if the support trendline is broken below.
A break above 1.1144 will mean that the bulls will be in control again (from an intra_day degree) .
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