Dollar index continues to rise

Technical Analysis

By Shady Fouad On Oct 17, 2024

DOLLAR INDEX

The U.S. Dollar Index broke above the 103 area, potentially targeting the 104.20 level. This scenario would be invalidated if the index falls back below 103 in today’s trading.

Support	103	102.30	101.60
Resistance	103.60	104.20	–

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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.

US dollar continues its rise, supported by Federal policy

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