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Sean HymanSean Hyman
Keymaster
Post count: 4510

FXY is the defensive currency ETF. It’s the one that’s historically been defensive. Now, FXB could be defensive against a falling dollar, as long as that continues to decline overall, like I think it will.

FXB is right on its long-term downtrend line. It could go either way over the coming weeks to months. But either way, over time, this is how I believe it goes (one of these two scenarios).

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