The US dollar peaked in a Wave-III in February, 1985 at 164.72 in an epic parabolic rise in price over five year’s time.
The initial decline was also epic, as nearly all the gains were given back in only about two years.
But the decline didn’t stop there… the US dollar continued in its bear market until May, 2011, reaching a truncated Wave-v:C:IV low of 72.70.
Since then, the US dollar began its new long-term (LT) bull market, rising to a wave-i high of 103.82, and a typical wave-ii 50% correction to 88.26.
It appears wave-iii is already underway, and by my initial fractal work, a price target of 138.67 is what I’m looking for… time will tell!
Link to chart: https://postimg.cc/image/ptn3w46i1/