The 2020 United States presidential election is scheduled for Tuesday, November 3, 2020. It will be the 59th quadrennial presidential election. Hence, it may lead to extreme market volatility, widening spreads and thin liquidity which may cause price gaps in many CFD instruments.

According to the technical view, the Dollar Index had break the major resistance and we are looking forward the retracement support @12049 and @12021. The next major resistance will be @12137. Do note that the United States Presidential Election may leads to high volatility in the market.

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