USDEUR Long term idea
Long term USD/EUR idea.
Cycles are up for the dollar until June, but are down again after that until end of the year.
It will be volitility and that will creat opportunity.
I play FXE often when trading the EURO, and i trade inversely correlated instruments to the dollar to trade aginst it.
Example Dollar goes up, gold goes down or Gold goes up dollar goes down. Same with many commodities priced in dollars.
Cycles are up for the dollar until June, but are down again after that until end of the year.
It will be volitility and that will creat opportunity.
I play FXE often when trading the EURO, and i trade inversely correlated instruments to the dollar to trade aginst it.
Example Dollar goes up, gold goes down or Gold goes up dollar goes down. Same with many commodities priced in dollars.
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