Over the past few days, the dollar has shown very significant growth. At the auction yesterday, it broke through the support line and has now dropped quite a bit.
After such a strong growth, the price needs a slight correction. Therefore, I expect that the dollar will roll back to the support line, touch it and thereby gain a foothold on it.
And after that, it will take advantage of this support and continue to grow.
In this case, the price target is the resistance line 94.070.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.