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Posted on Nov 01, 2020 at 10:14 PM
Finally, one of the biggest market-moving events in 2020 is here! This week, the United States Presidential Election will hold, and as we have seen over the past few weeks, the Dollar has been extremely volatile! We have done a technical analysis to show you the key prices to watch out for in the week! Check them out below:
EUR/USD: Still bearish. Watch out for more entries from 1.1680.
GBP/USD: Ranging with a bearish breakout imminent from 1.2980/1.2900.
USD/CAD: Consolidation between 1.3280/1.3370. Trade the range & follow the breakout from these levels.
EUR/JPY: More bearish drop from 122.40/121.70
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