Forex

Dollar Index (ICE) may fall 1880 - 3880 pips

2024-07-03

Pivot

105.4000

Our preference

Short positions below 105.4000 with targets at 104.9500 & 104.7500 in extension.

Alternative scenario

Above 105.4000 look for further upside with 105.6000 & 105.8000 as targets.

Comment

The break below 105.4000 is a negative signal that has opened a path to 104.9500.

Supports and resistances

105.8000

105.6000

105.4000

105.1380 Last

104.9500

104.7500

104.6000

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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