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Suppose that you expect the US$ value relative to the Euro to change dramatically over the next few months, and in particular leading up to

Suppose that you expect the US$ value relative to the Euro to change dramatically over the next few months, and in particular leading up to the US general election. In your opinion, there is an equal probability that this change can be positive ($ appreciation) or negative ($ depreciation). How can you devise a trading strategy that is tailored along your convictions? Show in a graph (or with a detailed explanation) how that strategy will work and explain the potential pitfalls, if any

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