Lingrid

DOLLAR reversal at SUPPORT line and GROWTH

Long
TVC:DXY   U.S. Dollar Index
In early April, the price bounced off the resistance line 93.42 - the upper border of the uptrend that had existed since the beginning of the year. After that, the price reversed and started falling, during which it broke through the 92.23 line and left the trend. Further, the price broke through the resistance line at 91.67. This line has been on the chart since December 2020. The fall in price stopped at the support of 90.76.

This line of support was also formed in December last year and I expect the price to turn up from it. You can already see how the price bounced off the line. I expect it to rise to the 91.84 resistance. This will be our goal.

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

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