The long time perspective proves that after a big retracement the pair likes to oscillate near 1.0 and rebounce down after it goes over the parity level. I do not see any reasons for that lack of trend to change much until december. My forecast is that the pair will range between 0.99 and 1.01 level for the whole month. Fundamentally, no rate hike on USD is to happen on november and judging from FOMC speeches even december hike is now questionable (although I believe the market will price in 50…