King dollar is about to pee his pants. Impulsive move counted on the downside basically right after it was announced that congress printed 1.1 trillion for the infrastructure. Currently it costs $1.20 to pay for $1 of goods and services. This means that whatever money printing we do now is actually a negative.
We just finished a little correction up yesterday. Now we're continuing downward.
I expect us to break below $0.90 within the next few weeks.
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.