Obama: democrats are more economical than republicans, politically;more moderate, Obama still have successful -long term- economic plans for U.S economy !!!
Romney: republicans will focus on other issues such as Iraq, Iran, terrorism, al-Qaeda , U.S. national security, Afghanistan and lots of bla bla bla that would completely exhausted U.S economy in medium and long term !!
If Obama wins, that would be like an adrenaline injection for U.S economy in medium and long term, then EURUSD will be heading toward 1.1800 levels, It's only matter of time before reaching that level !
Technically , to resume long term bearish trend , EURUSD needs to clear 1.2667 to get out of consolidation, losing 1.2392 would bring massive bearish move below the psychological level 1.2000 in medium and long term outlook !!!
Anyway, I expect painful end for this year , somewhere between 1.2400/1.1800 levels !!
If Romney wins- for me It would make no sense - that would be an early warning for real crisis in the future for U.S economy, the EURUSD will be heading toward 1.4000/1.5000 levels in medium and long term outlook !!!
Technically, to get out of consolidation , the pair needs to clear 1.3212 levels , that would confirm bottoming at 1.2042 in medium term, the next challenge would be around 1.3500 levels, passing this level would open up the way toward 1.4000/1.5000 levels !!!!