EURUSD is currently in a correction following the impulsive drop after the elections.

Trading at these levels may continue throughout the month.

Keep an eye on whether the current drop will push below 1,0500 or if it will start rising directly toward the 61,8 level.

This week, the NFP (Non-Farm Payrolls) data will be released on Friday during the US market opening.
FibonacciTrend AnalysisTrend Lines

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