Elections in the US Congress ended. Most likely, the hopes for a complete victory of the Democrats did not materialize. US economic policy is likely to continue in the same vein. In hourly chart figure can be seen the formation of "rising wedge" , the output of which is usually going down.
Trade Idea 07.11.2018 EURUSD:
Against this background, open a transaction on EURUSD for sale by levels: 1.14600 - 1.14400.
Stop / Loss: 1,14830.
Take / Profit: 1,13700 - 1,13000.
Author: Michael Katchura Grand Capital