EFTA Document EFTA01388020

From: Mardri Zeman Sent: 11/20/2017 10:22:20 AM To: Paul Barrett CC: Stewart Old Subject: VI A bad night for Angela Merkel: Tactical Trade Idea Morning Paul, By the time I finished pricing this below, spot ran lower 20 pips. Still, think this might make sense in some variation or other.... On the back of the breakdown in coalition negotiations in Germany about which I wrote earlier this morning, we put together a few ideas on how to play EURUSD lower over the coming weeks. Our base