Week 10 2020 - EURUSD

Hi traders,

The euro rallied with no pullback days last week. This is an asset that is closely correlating with the dxy movements. I believe the dxy weakness and traders looking for the long trades off the bottoms drove the move.

In order to trade this asset, we need to let the charts make a move for us and ride its momentum.

I would like to see the asset continue its rally into the 110800 level and sell off into the 110000 handle.

All the best,
Aardall