From the graph, I have a confusion in the line "At lower current values of the dollar (everything else equal), the quantity demanded of dollar asset is higher " Clarify me.

Figure 3 Equilibrium in the Foreign Exchange Market Exchange Flate, E! (eurosf$) Excess supply at EA EA ____________ causes the value of the dollar to fall. E \" _____________ Excess demand at EU causes the value oi the Ea ____________________ dollar to rise. Quantity of Dollar Assets