Dollar faces double resistance with lost momentum. Meanwhile assets inversely correlated with dollar seem to be doing better.
If dollar is weakening in the next several months, these assets may be favorable. Conversely if dollar breaks out and continue to strengthen, these assets will be pressured even more. I will watch the red support lines closely.
If dollar is weakening in the next several months, these assets may be favorable. Conversely if dollar breaks out and continue to strengthen, these assets will be pressured even more. I will watch the red support lines closely.