Polling website FiveThirtyEight is reporting that the Congress is heading for a split as expected. That outcome is seen leading to policy paralysis and political turmoil in Washington. The EUR/USD has risen back to 1.1430. The EUR/USD has bounced off the 200-hour exponential moving average (EMA) of 1.14 and is currently trading at 1.1438. The dollar is being offered again as Congress is likely heading for a split. The likelihood of the Democrats winning the House has jumped back to 70 percent, according to polling website FiveThirtyEight. Meanwhile, the Republicans are likely to retain the Senate. A Democratic-controlled House  paired with a Republican-controlled Senate would mean President Donald Trump and the GOP would have a hard time enacting any major new legislation. Further, it is feared that the Democrats would use the House majority to pursue investigations into Trump’s Russian ties and financial affairs. No wonder, the greenback is  losing altitude. The EUR/USD is breaking out of a falling wedge, indicating a bearish-to-bullish trend change. EUR/USD Technical Levels EUR/USD Overview:     Last Price:  1.1439     Daily change:  21  pips     Daily change:  0.184%     Daily Open:  1.1418 Trends:     Daily SMA20:  1.1453     Daily SMA50:  1.1557     Daily SMA100:  1.1586     Daily SMA200:  1.1857 Levels:     Daily High:  1.1438     Daily Low:  1.1392     Weekly High:  1.1456     Weekly Low:  1.1302     Monthly High:  1.1625     Monthly Low:  1.1302     Daily Fibonacci 38.2%:  1.142     Daily Fibonacci 61.8%:  1.1409     Daily Pivot Point S1:  1.1394     Daily Pivot Point S2:  1.1369     Daily Pivot Point S3:  1.1347     Daily Pivot Point R1:  1.144     Daily Pivot Point R2:  1.1462     Daily Pivot Point R3:  1.1487  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US midterm elections: Republican Ted Cruz gets re-elected in Texas FX Street 4 years Polling website FiveThirtyEight is reporting that the Congress is heading for a split as expected. That outcome is seen leading to policy paralysis and political turmoil in Washington. The EUR/USD has risen back to 1.1430. The EUR/USD has bounced off the 200-hour exponential moving average (EMA) of 1.14 and is currently trading at 1.1438. The dollar is being offered again as Congress is likely heading for a split. The likelihood of the Democrats winning the House has jumped back to 70 percent, according to polling website FiveThirtyEight. Meanwhile, the Republicans are likely to retain the Senate. A Democratic-controlled House  paired… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
