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DOLLAR INDEX 7-11-2023 .

Technical Analysis
By Shady Fouad
0 52


DOLLAR INDEX 7-11-2023 .

Prices have broken the support zone below 105.30, indicating a potential shift from an upward to a downward trend in the short term. The prices are currently facing another support area within the range of 104.60-104.20, as anticipated. We might witness cautious trading between the resistance zone at 105.30 and the aforementioned support zone.

Support

 104.60 104.15 –
Resistance 105.15 105.50

106.90
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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