rjchilia123

US dollar long term bearish

Pendidikan
TVC:DXY   Indeks Mata Wang Dolar A.S.
The dollar is bearish on the technicals we have bearish divergences on monthly charts and we are due for a major drop. We will probably make lower lows than the 2000s because of inflation and the dollar has no intrinsic value. The dollar index is compared with other fiat currencies which is not a fair comparison. It should be compared with the purchasing power of food, energy, housing, cars and other needs to determine strength. The FED puts out these fake inflation numbers where we have only 2% inflation. The real numbers are much higher.
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