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DOLLAR INDEX 22-11-2023

Technical Analysis
By Shady Fouad
0 57

DOLLAR INDEX 22-11-2023

The prices have rebounded from minor support levels in the range of 103.20/102.80, indicating a potential slowdown in the down- trend . As a result, we may target the 104/104.70 range. However, if prices breaks below the previous mentioned support area , we may resume the bearish direction.

Support

 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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