EUR/USD plummets 1.0937 to 1.0702 EBS after Trump wins election nL1N3MD0K2

Drop has exceeded limit for a correction of this year's rise

Fall below 1.0732 which is 78.6% 2023 rise targets return to 1.0601

Caution warranted as drop stretched below 1.0738 base 20-day Bollingers

Profit taking by those who sold ahead the event should underpin EUR/USD

June low at 1.0666 is next notable downside level

FX traders must consider consequences of a trade war nL1N3MD0PU