Hump_Trader

USDILS.. Important levels & Trend lines

Long
FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
USDILS.. Important levels & Trend lines

In light of the continuous and repeated raising of US interest rates, we most likely expect an upward strength of the US dollar, and in turn, the stability of the USDILS pair above 3.40 levels will push it to achieve more gains, especially in light of the current Israeli conditions, and the news that talks about its indirect intervention In the Russo-Ukrainian War.

It is worth noting that these levels are for the weekly term, not for daily trading, so you can consider them as a guide for the long term.
Do your research and apply proper risk management as nothing is guaranteed in forex trading. This is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
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