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DOLLAR INDEX 20-11-2023

Technical Analysis
By Shady Fouad
0 58

DOLLAR INDEX 20-11-2023

The prices are trading near the target of 103.40, and they are approaching minor support levels within the range of 103.20/102.80. It is likely that we will see a slowdown in the downward momentum in these areas. However, if the aforementioned support area is broken, we may resume the bearish trend.

Support

 103.40 103.20 102.80
Resistance 104 104.70

105.90
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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