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DOLLAR INDEX 29-11-2023

Technical Analysis
By Shady Fouad
0 26

DOLLAR INDEX 29-11-2023

Prices resumed their down-trend in yesterday’s trading session, as they broke below a minor support level at 102.80. This now put prices to face  a second support zone around 101.50. However, if the index rebounds, we may see a retest to the key resistance level at 103.30 .

Support

 101.80 101.50 –
Resistance 103.30 104

104.70
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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