Expert Analysis: USD/ILS Hits New Lows with Improving Sentiment

Thursday, 11 July 2024, 08:16

The USD/ILS pair reaches mid-term lows at 3.63875, showcasing a bearish trend since July 3rd, with key support at 3.63700 and resistance at 3.64450. The improvement in sentiment is noted, but attention is drawn to upcoming US inflation data to gauge future movements. Expert insights provide valuable analysis for traders and investors alike.
Dailyforex
Expert Analysis: USD/ILS Hits New Lows with Improving Sentiment

USD/ILS Analysis Today: Mid-Term Lows Hit on 11/07 (Chart)

The USD/ILS pair reaches mid-term lows at 3.63875, showcasing a bearish trend since July 3rd, with key support at 3.63700 and resistance at 3.64450. The improvement in sentiment is noted, but attention is drawn to upcoming US inflation data to gauge future movements. Expert insights provide valuable analysis for traders and investors alike.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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