GeorgeJimas

The USD will fall during 2017.

Short
INDEX:DXY   US DOLLAR CURRENCY INDEX
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.

Comments

Agree 100%..interestingly ,lots of top TA people usinng different methods and indicators have been started forming a unified view that dollar is topping and overdue for a correction in early 2017..
+1 Reply
GeorgeJimas leonarddavidson60
@leonarddavidson60, I agree completely.
Reply
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