Lingrid

DOLLAR FALL after false breakout

Short
TVC:DXY   U.S. Dollar Index
The price continues to move in the upward knaal that formed at the beginning of December 2020. This is a fairly strong channel - undoubtedly, line breakouts happened, but after each, the price returned to the trend boundaries again.

At the beginning of this week, the price again tried to break through the resistance line at 91.17. And now it is behind this line, but I am sure that this breakdown is false. I expect the price to return to the channel and fall towards the 90.42 support line.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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