DOLLAR INDEX 4-1-2023

Technical Analysis

By Shady Fouad On Jan 4, 2024

DOLLAR INDEX 4-1-2023.

Prices are facing a significant resistance area in the range of 102.30. If it breaks above this level, we may continue the corrective movement and target 104.40. However, if the support zone at 101.50 is breached to the downside, we could test the 100.30 area.

Support	101.75	101.75	100.30
Resistance	102.30	102.5	104.15

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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