solzberg
2
All posts from solzberg
solzberg in Sector Report,

Is it time to to sell dollar?

On a daily chart of USD index, a so-called “death cross” is shaping up – for the first time since 2013. “Death cross” relates to the situation when a 50-period moving average dips below a 200-period moving average.

In the last foe cases when “death cross” occurred on USD index chart, dollar experienced solid decline. Perhaps, time to sell dollar came?