I am 100% I since late last month and don't necessarily agree that the $$ will start an upward trend. It seems to be trapped in a range currently between 1.08 and 1.10 when compared to the Euro. As to 70 resistance, I see a similar resistance at this level but that is still 7% above the current.
On Wed, Apr 8, 2015 at 7:37 AM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
For those noting a recent rise in the I fund, it is due, in large part, to a recent decline in the USD. The USD has been falling since early March. That said, the long term trend for the USD is up.
Further, the I fund (EFA), which is currently at 66.20, should hit resistance at around 70.
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Posted by: Roger Stocker <rstocker90@gmail.com>
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