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Posted on Oct 26, 2020 at 10:44 AM
As the US Presidential Elections draw near, the Dollar saw some weakness last week. Will it continue that or strengthen again? We have analysed the possible price direction and key prices to consider this week below:
EUR/USD: Price is trapped in a Consolidation 1.1870 - 1.1840. Scalp the range & follow the direction to breakout from these levels.
GBP/USD: USD is recovering slightly but this might be a minor one. A break below 1.3020 leads to more Sells & a break above 1.3070 is a bullish signal.
USD/CAD: Consolidating & descending. More room to go down. Find your entries.
EUR/JPY: Still consolidating. Keep trading the range till a break out shows from 123.40 - 124.40.
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