Dollar Index (ICE) may rise 1500 - 2900 pips

Pivot

105.6400

Our preference

Long positions above 105.6400 with targets at 105.9800 & 106.1200 in extension.

Alternative scenario

Below 105.6400 look for further downside with 105.4300 & 105.3000 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

106.3000

106.1200

105.9800

105.8300 Last

105.6400

105.4300

105.3000

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