VasilyTrader

Will THE BILL kill the Dollar???

Short
TVC:DXY   U.S. Dollar Index

Quadrillion salvatory bill will definitely affect the USD strength.
Even these last weeks we see a weakness of greenback versus major currencies.

so the question arises:
may the pumping kill the currency?
may it devalue so much so even the average Joes notice that?

with technicals, on focus is a major rising channel.
after a long consolidation in a bearish triangle, the price is now attempting to break below that.
then it will face with the major support.

it will be a truly decision moment for USD.
with fundamentals, we are bearish biased and preparing for a breakout!

but who knows?
orange man can change everything.

what do you think will happen?



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