Lingrid

DOLLAR GROWTH after breakdown SUPPORT zone

Long
TVC:DXY   US-Dollar Währungsindex
Since December last year, the price has been moving in an arbitrarily strong upward channel. It remains strong even in spite of the fact that the price periodically tries to break through the trend lines of support and resistance.

For example, recently the price dropped below the support zone of 90.29. This zone consists of a trend line and a strong support line for October 2019. However, the veogudasb slipped into the zone and now I expect that the price will continue to rise from the support towards the resistance line. Thus, my final target is the resistance line at 91.20.

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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