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DOLLAR INDEX 11-12-2023

Technical Analysis
By Shady Fouad
0 23

DOLLAR INDEX 11-12-2023

The prices are trading below the resistance zone within the range of 104.40. In the event of breaking the aforementioned zone, we may resume the corrective movement to the upside. This scenario is invalidated with a break below the support area at 102.30 to the downside.

Support

 103.30 102.90 102.3
Resistance 104.20 104.40

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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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