DOLLAR INDEX 5-2-2024

Technical Analysis

By Shady Fouad Last updated Feb 5, 2024

DOLLAR INDEX 5-2-2024.

The prices are still trading above the important support area of $102.30 . It is likely that the index will continue to rise and target the area around $104.40. This scenario is invalidated if the support at $102.30 is broken downward again.

Support	102.80	102.45	102.15
Resistance	103.80	104	104.40

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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EURUSD 5-2-2024

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