Is The EURO Going Lower After the Election?

IS THERE GOING TO BE AN 'ELECTION SURPRISE' FOR THE EURO?

. . . THERE ARE STRONG SIGNS THE EURO IS GOING DOWN!

Currencies, especially the major currencies have been busily pricing in the results of the upcoming election even before it occurs.

The current weakening state of the Euro is giving a hint of how the US Election is going to turn out.

This is another case of the markets, when read carefully, giving a glimpse of the future outcome of events-yet-to-come.

Watch for prices reaching the 1.1600 level to confirm this weakening market trend.

This is an educational exercise only. We do not advise and are not advisors. Read our Disclaimer to that effect. But, for those interested, this is the current level of primary interest over the next few weeks remaining before the US Election takes place.

Be More Informed and Less Fearful of the Future

The above chart for the Euro is a Weekly Price Chart.

This longer time scale allows us to sift out price momentum whether up or down more efficiently.

A drop in the EURO will imply a strengthening of the US DOLLAR to compensate for this movement.

Trends are powerful things and, the ability to get on board a rising or falling trend is where the big returns are historically. We have the tools and educational materials that will instruct you on how to detect these potentially profitable points in time early.

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