The USD will fall during 2017.
There is a strong bear divergence on the 1W and 1D DXY chart.
I believe during 2017, the DXY will fall to the low 80's.
I base this not only off the bear divergence illustrated above, but my strong doubt that the Fed will raise rates during 2017, and that the US economy will continue to slow.
I believe during 2017, the DXY will fall to the low 80's.
I base this not only off the bear divergence illustrated above, but my strong doubt that the Fed will raise rates during 2017, and that the US economy will continue to slow.
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