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  • Andrew GrahamAndrew Graham
    Participant
    Post count: 89

    FXB has popped up to a 3 year high this morning !

    Sean HymanSean Hyman
    Keymaster
    Post count: 3412

    Yep, it’s one of our good, anti-dollar plays. As the dollar sinks, it rises nicely against it. FXB has broken a multi-year downtrend line and its RSI/MACD continue to firm up. The only caution is that its price is now far from its 50-week moving average. So a sizable pullback could end up happening at some point soon before it resumes going higher. But yes, I’ve been very pleased with it.

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