Dollar Index (ICE) may rise 1400 - 2500 pips

Pivot

105.6400

Our preference

Long positions above 105.6400 with targets at 106.0000 & 106.1100 in extension.

Alternative scenario

Below 105.6400 look for further downside with 105.4300 & 105.3700 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

106.3000

106.1100

106.0000

105.8600 Last

105.6400

105.4300

105.3700

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