dolphinfromegypt

USDPLN - still going up

Long
dolphinfromegypt Updated   
FX_IDC:USDPLN   U.S. Dollar / Polish Zloty
hi, best regards from Poland,
from my work I see that USDPLN can hit 5.4 zl or even 5.6 zl

I think that we are on the beginning of creating one of the shoulders - waiting for a head, even one head or even two heads...

Situation is still dramatic - FED officially said that it is fighting with inflation. Still. It is major and the most important factor and risk in this game.

Then we got war, still, without any conclusion how it will end... many scenarios are being plays. I do not believe in atomic attack. I think that this war will be to last drop of blood. Like Armenia and Azerbaijan conflict.

Major issue - still Europe is without gas, oil, no working pipelines for German, Poland. France and Italy or Spain are going very good.

I wish you good luck in this hard game,

But remember the most important and cycles. We got economical cycles and we see that there is one being played on USDPLN - Long.

Look on the chart in long term - compare 2000 highs, then lows and see where goes arrows.
Comment:
I sold it around 4.66 zł, not good price but the trend line has been moved down
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