Forex

Dollar Index (ICE) may fall 1410 - 2910 pips

2024-07-11

Pivot

105.1000

Our preference

Short positions below 105.1000 with targets at 104.8000 & 104.6500 in extension.

Alternative scenario

Above 105.1000 look for further upside with 105.2100 & 105.3500 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

105.3500

105.2100

105.1000

104.9410 Last

104.8000

104.6500

104.4500

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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