DOLLAR GROW from SUPPORT zone

The asset price started to rise without touching the support line, as we expected. However, the growth of the index is in line with our previous goal.

Let me remind you that in the middle of November last year the price fell from the resistance line of 92.94. This line was formed in August 2020, and after touching it in November, the price collapsed. During the fall, it was able to break through the strong resistance level of 92.18.

Around 90.72, the price formed a support zone. The price broke it during the fall, then reversed from the support line at 89.72. And, again coming to the zone, after fell, thereby fixing on the line.

After the price touched the line again at 89.45, it started a new growth and came to the support zone, where it is now. I expect that the price will continue to rise from this zone and eventually come to the resistance line 92.08. This is our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻