#USD will depreciate in 2018!

TVC:DXY   U.S. Dollar Currency Index
  • TA shows a depreciation for the US dollar in 2018 by around 5%.
    The index is currently in an ABC correction wave, precisely in C wave.
    Moreover, based on the same TA, the USD index may appreciate between 2019-2020.
    I will not mention anything about macro economics, the US economics, etc. but the index shows a depreciation for this year.
    But, I can at least say, if USD depreciates, EURO and the other emerging economies' currencies will appreciate.
Good chart :)
+1 Reply
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