Aleksin_Aleksandar

Dollar long view 117.50-118.00

Long
TVC:DXY   U.S. Dollar Index
The dollar index could rise to the 117.50-118.00 zone. With that, we would again see an impulse to the 50.0% Fibonacci level. The Fed will not stop until it lowers inflation, which takes about two years on average. Based on that, we could expect a strong dollar until the end of 2023 or the first part of 2024.

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