Expecting a pullback to below 1.95 and then take off in wave 3. Targeting above 2.0 in keeping with the near term risk off sentiment.
A short term Risk off scenario right before and after the elections is expected to be followed by a solid multi month rally in risk assets
A short term risk off right before and after the elections is expected followed by a solid multi month rally in risk. SPX, OIL and Dollar index are lining up nicely for such a scenario.