If we are correct in our view that the USD is in the early stages of an uptrend, then the Euro will likely decline. The Euro tested the 50DMA this morning, and has since pulled back a little. We like the reward-to-risk ratio here, as it won’t take much of a move either way to prove us right or wrong. EUO is an inverse ETF that will rise if the Euro falls. Bought 20% EUO … read more Trade alert