Lingrid

DOLLAR will return to level and GROW

Long
TVC:DXY   U.S. Dollar Currency Index
The price recently broke through the resistance level and fell towards the support zone .
We saw a similar situation in August. Let's take a look at it.
After several touches, the price breaks through the level 92.181 and falls, but then starts to grow again and returns to the level.


Right now, the price is at the same level where the fall stopped last time and we can draw a support zone in this place.

Now I expect the situation to repeat itself. The price will bounce off the support, start to grow, break through the 92.181 level again and rise above it.
I think that consolidation will take place at the level. After that, the price will rise further. The final target is the resistance line 92.664.

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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