Dollar Index (ICE) may rise 830 - 2830 pips

Pivot

104.0000

Our preference

Long positions above 104.0000 with targets at 104.3000 & 104.5000 in extension.

Alternative scenario

Below 104.0000 look for further downside with 103.8000 & 103.6500 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

104.7200

104.5000

104.3000

104.2170 Last

104.0000

103.8000

103.6500

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