World-Signals.com

Trump continues moves the forex market

FX:EURUSD   Euro Fx/U.S. Dollar
49 0 3
The United States president elections are the main moving factor for this month. The election of Donald Trump and the first talks about his program is the key signal for the investors. In the first three hours the traders sell dollars while later the dollar recovery the losses and even gain about 150 pips.
In the coming week World-Signals.com expect to see exit of the short positions as the dollar may lose the recent gains but not so much. The key support level for EURUSD             is at 1.0830 as the breaks below the level we can see 1.0740. The first resistance is at 1.0935 followed by 1.1000.
World-Signals.com trading strategy is long positions in the first half of the week when we can see 1.0935 or 1.1000 as then is possible reverse down to the levels of 1.08.
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