Rafikiki

USDPLN looks like PLN will get stronger despite inflation scare

Rafikiki Updated   
FX_IDC:USDPLN   U.S. Dollar / Polish Zloty
Long term chart of USDPLN
Charts like to tell the future. That is why i treat them like a magic device.
Despite huge PLN inflation at more than 4% it looks like it will grow stonger against two giants like USD and EUR. Both charts look very similar.
Saving this chart for future reference.
Good luck.
Comment:
Looks like i might have missed DXY bottoming when drawing this chart.
Dollar will get stronger most likely and everything denominated in dollars which is basically whole world will suffer as a consequence.
Comment:
After some time has passed, this idea needs to be revised.
DXY looks like it is going be gaining strongly, just as one of my other ideas is showing. That being said PLN is going to loose its value against the dollar.
I will revise it in 2-3 months again.
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