Technical Approach

EUR/USD
AUD/USD
GBP/USD

All three pairs have closed the week below the 21 EMA on the daily Chart.

AUD/USD respected the trend line coming form the weekly chart and is in between the Trend line and 200 SMA. The pair found support at the trend line after breaking the 20SMA on the H4 chart.

EUR/USD Broke the 200SMA and found support around 1.4800 level. Last week was closed below 200 SMA.

GBP/USD closed below the 21 EMA on the daiy but is still above the 200 SMA on the H4 chart.

DOLLAR INDEX: Strong resistance at 75.75 and Support levels around 75.40 then 75.30 and 75.20. Lowest support level at 74.66.
A break above 75.75 with a retest will confirm the bullish trend for Dollar index and we might see change in the direction in all the majors.

My trading strategy

1: Keeping the 200SMA and 21EMA as my resistance levels on the AUD/USD and EUR/USD
2: Will wait for the right opportunities to inter relay with the technical picture and place my trades.
3: Lower and PRE define my risk.
4: Trade only with 1:3 R/R ratio.

have a great week