Daily Technical Report 18-9-2024

Technical Analysis

By Shady Fouad On Sep 18, 2024

DOLLAR INDEX

The U.S. Dollar Index is trading around the support area in the 100.50 range, making a price rebound likely, targeting the resistance area around the 101.80 range. This scenario becomes invalid if the 100.50 area is breached to the downside in today’s trading.

Support	100.50	99.50	–
Resistance	101.60	101.80	102.40

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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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