93.369U.S. Dollar Currency IndexTVC:DXYlunarsyndicate9good afternoon,,, us dollar continues to lack any major conviction, all of the moves are grindy and have no momentum behind them. based on the previous structure that it has created since the 2022 highs, i postulate that it's in a leading diagonal. --- leading diagonals have contracting looks to them, which is why the us dollars moves appear to be getting smaller, with less and less momentum behind them. think of it as a wedge, and price is getting squeezed deeper and deeper into it. --- these moves are often the beginning of something, so in this case, i believe it'll be the beginning of the death of the us dollar. it won't happen overnight, but rather be a slow burn, over the span of the next few decades. --- visualized via: --- if my theory is correct here, and the us dollar does end up dropping to the low 90's over the next couple of months, this will give risk assets enough fuel to put in a major rally by squeezing out all of the shorts and re-igniting a massive rally due to most people being on the sidelines during these times. --- 🎯 = 93.369