It looks like Covid19 has been priced into the EURUSD currency pair and probably the entire Forex Market. All trends are now back to their long term trends, so go Long or Short accordingly.
Right now the EURUSD is the only the currency pair that I found that is in a long term downward trend that lets me make money for doing a carry trade (long USD / short EUR).
On the flip side, if you went long USDCHF (long USD / short CHF) then you would make money just holding the trade BUT there is no clear trend in this currency pair. It looks like a ‘range rider’ so buy at support and sell at resistance. Easier said than done.
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