I was going to draw a pretty chart on this one, but since this is mainly a fundamental trade over the week, it really doesn't make sense to add any indicator on this one. The pair? EUR/USD. I've been mainly watching closely the cor-relationship between this pair and Wall Street (DJIA index). Generally speaking, DOW up, EUR/USD up, with a few fake-outs here and there, but that's not important currently since this is a momentum trade.
Now I really wish I could do an overlay and show the DJIA and EUR/USD on one chart but I don't have the tools to do that. (or if anyone does, please let me know) so for now I'll try to indicate it with these two;
Will follow up on this...
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