LeveregeBuoy

Long EURUSD on fundamentals and Technical Analysis

Long
LeveregeBuoy Updated   
FX:EURUSD   Euro / U.S. Dollar
With the recent risk off, the USD came up appreciating agaisnt most of its pairs. On the EUR i believe its a great opportunity to buy EURUSD with excellent risk return profile.
The interest rates being so low, the COVID crisis being prolonged in the US and Europe coming out at better level on this, the USD will be under pressure in the short run, having great potential of the EUR to get out of this long bearish trend.
Trade active:
Moving towards the top of our consolidation channel. 30% of position profit taking and prepare to uy more EURUSD breaking the high of 1.1410
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