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DOLLAR INDEX 12-10-2023 .

Technical Analysis
By Shady Fouad
0 64

DOLLAR INDEX 12-10-2023 .
Prices are still moving in an upward direction in the short term and with the continuation of this upward movement, prices are facing Minor resistance areas in the range of 107.20 and 107.90, where the emergence of a selling Force was expected to limit the acceleration of the ascent in the above-mentioned areas, prices are now testing important support areas in the range of 105.50, where a purchasing power is expected to appear and lead prices to move between resistance and support areas in a sideway form.

Support

 105.60 105.10 –
Resistance 107.20 107.80

–
Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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