Forex

Dollar Index (ICE) may rise 920 - 2320 pips

2024-07-02

Pivot

105.7000

Our preference

Long positions above 105.7000 with targets at 105.9800 & 106.1200 in extension.

Alternative scenario

Below 105.7000 look for further downside with 105.5400 & 105.4300 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

106.3000

106.1200

105.9800

105.8880 Last

105.7000

105.5400

105.4300

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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