Forex

Dollar Index (ICE) may rise 720 - 2120 pips

2024-07-02

Pivot

105.7900

Our preference

Long positions above 105.7900 with targets at 105.9800 & 106.1200 in extension.

Alternative scenario

Below 105.7900 look for further downside with 105.7000 & 105.5400 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

106.3000

106.1200

105.9800

105.9080 Last

105.7900

105.7000

105.5400

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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