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edwardrooster
Jul 24, 2020 7:58 PM

FXE an oversimplified view of EURUSD pair (and of USD) 

Invesco CurrencyShares Euro Currency TrustArca

Description

using a few stripped down indicators (Simple Moving Averages, which can be supplemented with ADX and ATR), EURO strength and breakouts popped up last week with on a weekly price basis. This looks like a trade which can be entered as the pair hits averages and "support". (Look at other pairs, including gold itself) and USD weakness has return as of summer 2020.
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