However short term I will adjust when necessary. Have a look at my view for the dollar index for context and my short term bias.
I will monitor both instruments but I like to see a reversal for a buy of the EURUSD and sell of the Dollar index . Dollar index might be clearer in terms of structure since we already saw a impulse and only need to wait for the confirmation of this current price action to be a consolidation.
EURUSD however is moving lower relatively strong and if we see it start moving sideways we have to keep in mind that this most likely will result in a continuation. I will therefore update this pair once we see a possible reversal or consolidation. Nevertheless I like to have a trade plan for both and price action .
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