Dollar Index (ICE) may rise 2500 - 4500 pips

Pivot

101.2500

Our preference

Long positions above 101.2500 with targets at 101.6000 & 101.8000 in extension.

Alternative scenario

Below 101.2500 look for further downside with 101.0900 & 100.9200 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

102.0000

101.8000

101.6000

101.3500 Last

101.2500

101.0900

100.9200

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