Lingrid

DOLLAR channel reversal and FALL

Short
TVC:DXY   U.S. Dollar Index
Since December 2020, the price has been moving in an upward channel. In March 2021, it broke through the 91.25 channel line and left it, but in April it again broke through the 91.59 resistance line and returned to the channel. Then it fell to its lower border - the support line 90.75, made a false breakout and returned to growth. I expect that the price will first touch the upper border of the channel - the resistance line at 91.72, and then reverse and fall to the support line at 90.86. 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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