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EUR/USD Outlook (03 November 2020)

FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is ranging across.

Yesterday, Italian Prime Minister Giuseppe Conte announced the tightening of COVID-19 restrictions instead of introducing a nationwide lockdown.

Currently, EUR/USD is testing the support zone of 1.16500 and the next resistance zone is at 1.17900.
With the upcoming U.S. Presidential Election today that brings volatility, look for short-term selling opportunities of EUR/USD.

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