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DOLLAR INDEX 13-11-2023 .

Technical Analysis
By Shady Fouad
0 42

DOLLAR INDEX 13-11-2023 .

prices have broken below the support levels around 105.30, indicating a potential shift in the short-term trend from bullish to bearish. They are now facing another support zone in the range of 104.60-104.20, and as expected, the prices have tested and rebounded from these levels towards the upside. It is expected that these support levels will be tested again.

Support

 104.60 104.15 –
Resistance 105.80 106.90

–
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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