DeGRAM

DOLLAR grow from support

Long
TVC:DXY   Indice devise Dollar U.S.
As I said in my previous forecast, the price showed an increase.
Now let's analyze its movement on a smaller TF.
A few weeks ago the price touched strong support at 89.18.
It bounced off and started to rise (which is best seen on the daily chart).
The price movement formed support and resistance lines (rising channel).
Yesterday the price touched support at 90.38.
I expect the price to rise from this support and come to resistance (the upper channel line).
The target is 91.31.

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