Dollar Index (ICE) may rise 1020 - 2720 pips

Pivot

104.3000

Our preference

Long positions above 104.3000 with targets at 104.5500 & 104.7200 in extension.

Alternative scenario

Below 104.3000 look for further downside with 104.1800 & 104.0300 as targets.

Comment

The break above 104.3000 is a positive signal that has opened a path to 104.5500.

Supports and resistances

104.8500

104.7200

104.5500

104.4480 Last

104.3000

104.1800

104.0300

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