As
positive data help lift the Euro against the greenback, the upcoming November
disappointment over Interest rates from the Fed amidst political risk will send
the Euro soaring to the upside, targeting 1.1100. Investors will then start
pricing in the upcoming rate hike of December sending the Euro-dollar down to
1.0800.
Trade: Entry to buy @ 1.1025 with T/P @ 1.1100 then Entry to
sell @ 1.1105 with T/P @ 1.0810
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