Dollar Index (ICE) may rise 1040 - 2440 pips

Pivot

104.2000

Our preference

Long positions above 104.2000 with targets at 104.5400 & 104.6800 in extension.

Alternative scenario

Below 104.2000 look for further downside with 104.0500 & 103.9000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

104.8000

104.6800

104.5400

104.4360 Last

104.2000

104.0500

103.9000

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