The pair is hovering around 1,0900 ahead of the election, looking primed for some big swings.

For the past two years, it's been stuck between 1,0500 and 1,1200.

This week’s news could push it toward one of these levels and possibly break through.

Hold off on new trades for now, and stay alert for misleading moves.

The main action will come as key states are called tomorrow.
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