I saw two news items about the Indian Rupee and Indonesian Rupiah falling forever.
I know no one trades these including myself.
But if you look at a chart you can see an end of downtrend just about to form. Typical reaction for the public and media to say they are going to start falling right when they are about to end.
Indian Rupee, Indonesian Rupiah Have More to Fall - CNBC
Indian Stock Markets Trade In Red; Rupee Approaches Its Record Low - International Business Times
I know no one trades these including myself.
But if you look at a chart you can see an end of downtrend just about to form. Typical reaction for the public and media to say they are going to start falling right when they are about to end.
Indian Rupee, Indonesian Rupiah Have More to Fall - CNBC
Indian Stock Markets Trade In Red; Rupee Approaches Its Record Low - International Business Times
