Breaking forecast 11/20/2017
Merkel can not form a government: EURUSD is ready for a decline.
The main news on Monday: German Chancellor Merkel announced a failure in the formation of a coalition government.
The euro fell to 1.1725 and is prepared for a new fall.
Sell EURUSD from 1.1760.
In the case of unexpected news that everything has changed and Merkel will still be able to form a government - buy the euro from 1.1825.
In case of continuation of the political crisis in Germany and the announcement of new elections - the euro will fall to 1.1550 and selling for breakthrough of 1.1550 are possible.
