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FX.co ★ 04.11 Evening outlook for EUR/USD. Latest news on US presidential elections

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Forex Analysis:::2020-11-04T16:40:54

04.11 Evening outlook for EUR/USD. Latest news on US presidential elections

 04.11 Evening outlook for EUR/USD. Latest news on US presidential elections

US election results are still unknown

US election: Uncertainty. Each of the candidates may win. Everything is likely to be decided in the state of Michigan. A lot of votes come by the mail (because of the pandemic). However, most of these votes were given to Biden. At the moment, Trump won in disputed states, but the situation may change completely.

Bookmakers continue to take bets. They bet 1.4 to 1 in favor of Biden and 3 to 1 in favor of Trump. According to the sums of money, voters prefer Joe Biden.

 04.11 Evening outlook for EUR/USD. Latest news on US presidential elections

It is recommended to open buy deals on the euro/dollar pair from 1.1770 with the stop at 1.1715.

Analyst InstaForex
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