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!
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.