Dollar Strength in Danger 7/21/2020
This is the DXY or Dollar Strength at the daily view. The dollar is weakening. Those two green line is the last support that I can think of from a multi-year viewpoint.
If the dollar breaks that support, equities go up, gold/silver go up, and people are less likely to sell. If cash is this low, then why would you sell your high priced equity for that?
If the dollar breaks that support, equities go up, gold/silver go up, and people are less likely to sell. If cash is this low, then why would you sell your high priced equity for that?
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