Sharp Trend Down - Possible Support Levels

31 thg 8, 2020

Just looking to illustrate how sharp the downtrend in the US dollar right now, this trend shows support at 91.00, then 88 and finally 79. Given federal reserve actions (or rather inaction in interest rate rise) this may not have much in terms of support mechanisms to change the trend. I am mitigating by holding other currencies and gold/silver.