Subject: Let's take a look at the Merkel effect on the EURO

EXACT TRADING
 FX Trading News and Early Morning Review 
EURO gaps lower after Merkel wins the German elections
Very easy after the event of course, but the German election was never in question and the small gap lower in the EURO was just to trap a few unsuspecting traders caught in the cross fire of some seats won by a right wing party.

We are now waiting for the EURO to show its hand and I for one am happy to se this play out and get onboard once the direction of the move becomes clear.
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