Forex Analysis by Matthew Weller covering: EUR/USD. Read Matthew Weller's latest article on Investing.com
Ahead of the DNC, Kamala Harris is leading in the polls and recently outlined a potentially inflationary / deficit-driven economic agenda.
As the Democratic National Convention kicks off in Chicago this week, Democratic Presidential Candidate Kamala Harris has been enjoying a bit of a “honeymoon period” in the polls.
After such a long consolidation period, the bullish breakout could absolutely have further to run from here. To the topside, the next resistance level to watch is at 1.1150 and the upper-1.1200s . Only a break back below 1.10 would call the near-term bullish bias into question.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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