Why I am trading EURUSD higher

As multi-asset class traders there's a heck of a lot going on right now. We're seeing huge moves in cryptos, stocks and currencies - making sure our attention is picking on the high quality and high reward opportunities. 

Here's a sneak peak on why we've been trading EURUSD to the long side for several weeks and why we're looking to add to our positions this week:

From a technical standpoint EURUSD double bottomed at the beginning of the year. We've also recently bounced off major support level and it seems like nothing will stop its rise until overhead resistance. 

We're trailing our stop losses on our long positions and will continue to add this week. 

With over 14 different markets on our watchlist this week spanning US stocks, global currencies and commodities this is just a snippet of one we're focusing on right now:

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Happy trading!


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