Forex EUR/USD Daily Video, October 23, 2020

[Sive Morten]

Good morning,

EUR has reached predefined support level, that in general has enough strength to let price turn up again, if market is still bullish of course.

 

[Brett Reynolds]

I have a strong feeling that this Market will try to W&R the $1.20 Top ! If we see a sharp spike' and good signal on Election Day..then that could be fantastic short opportunity!?
This would also tie in with a nice Drop on Gold too! BUT..it's going to be very Bumpy' and all dependant on how markets view Election result! If Trump wins...then short term $US strength could be huge.!?
I will look to go long on Euro' early next week...to ride market up to $1.20.!