It's not oil...
Crude oil is trading down about -0.10 after being up earlier.
Is it the election? It could be. If Clinton is elected, that takes some of the pressure off the repealing of NAFTA saber rattling that Trump has been promoting. It should not just impact Mexico.
Technically, the price is moving below the 100 bar MA on the 4-hour chart at 1.32155 (now risk). The next target comes in at 1.32889 - the 38.2% of the move up form the October 19 low. Below that traders will be looking toward the 200 bar MA on the 4-hour chart at 1.32484
The NZDUSD is through the resistance area and looks to test the underside of the broken trend line...
