Trump's rise to power: is EURUSD heading toward 1.03?
Looking forward, a large wedge pattern has emerged in EURUSD, targeting 1.0305 following a break below last week's low. While this pattern alone isn’t highly reliable, the recent election results have increased the odds of it unfolding. The pattern remains active as long as the price holds below 1.0830.
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This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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