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DOLLAR INDEX 31-10-2023 .

Technical Analysis
By Shady Fouad
0 51


DOLLAR INDEX 31-10-2023 .

Prices are continuing to move in an upward trend in the short term .and as expected, prices  have tested an  important resistance levels within the range of 107. It is expected  that prices will drop again and move between the resistance and support zones in a sideways pattern. This scenario will be invalidated if the resistance level mentioned earlier is breached upwards.

Support

 105.90 105.40 105.10
Resistance 106.80 107.00

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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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