Dollar Index (ICE) may rise 830 - 1830 pips

Pivot

104.2500

Our preference

Long positions above 104.2500 with targets at 104.4500 & 104.5500 in extension.

Alternative scenario

Below 104.2500 look for further downside with 104.1500 & 104.0500 as targets.

Comment

The RSI is supported by a bullish trend line.

Supports and resistances

104.7000

104.5500

104.4500

104.3670 Last

104.2500

104.1500

104.0500

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