Dollar index fractal.
This fractal would suggest a continued rally to 102-103.3 region and then a fall through then end of this decade with large decline seen in next decade, or 2030s.
This fractal is just the DXY bottom from 2003-2015 flipped and mirrored.
Less necessity of global dollars will make charts like this a possibility. With eastern countries doing less to almost no dollar trading every year, the dollar is going to need a catalyst to make it relevant in the second half of this century due to the advent of digital currencies.
This fractal would suggest a continued rally to 102-103.3 region and then a fall through then end of this decade with large decline seen in next decade, or 2030s.
This fractal is just the DXY bottom from 2003-2015 flipped and mirrored.
Less necessity of global dollars will make charts like this a possibility. With eastern countries doing less to almost no dollar trading every year, the dollar is going to need a catalyst to make it relevant in the second half of this century due to the advent of digital currencies.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.