(In the Name of Allah, the Most Gracious, the Most Merciful)
After the semi-positive data on the dollar and the events as well, especially the issue of fixing the US debt ceiling and the news that the deliberations regarding the debt ceiling bode well, as all these events led to the rise of the dollar.
(technically)
The dollar index is now trading in a selling area, and I mean the supply area between (102.018 – 103.054). It is possible to sell now if there is any sign confirming the decline (price action). The target is 102.390. From it, any Price Action signal is buying (buying the dollar), but if the negativity continues, we expect to reach 101.480.
And that the current supply area is confirmed to be broken by closing a candle for the day outside the area, and if prices close above it and then retest it, we expect a rise to the weekly supply located at (105.322 -107.934), and then a good sale for the dollar
