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DOLLAR INDEX 25-10-2023 .

Technical Analysis
By Shady Fouad
0 35

DOLLAR INDEX 25-10-2023 .

The prices are moving in an uptrend in the short term, testing important support levels within the range of 105.50. It’s expected that prices will bounce back and move between resistance and support levels in a sideway move. However, this scenario will be invalidated if the support level of 105.10 is broken downwards.

Support

 105.10 104.20 –
Resistance 106.50 107.20

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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.

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