US dollar(DXY) technical analysis 23/10/2022
Four critical points highlighted on the daily chart could predict the future direction of the dollar.
113.58 has been a solid resistance level for more than two weeks and could be the breakout zone for the upside, with a potential target at 114.85.
The critical support zone at 111.52 for five consecutive days could give way if the price fails to hold.
The dollar could fall to the support trend line at 111.52 if it fails at 109.45
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