The French Elections are having a significant impact on the EUR/USD pairing given the belief that significant change may be on the horizon. What are some are calling FREXIT, may be the next shoe to drop on the Euro.
Exit polls in France show Macron winning the first round with Le Pen accompanying him in the second place. We reported that EUR/USD should open higher and this may be already happening. The real results will determine the actual movements when trading opens.