Dollar Index (ICE) may rise 510 - 2210 pips

Pivot

104.3500

Our preference

Long positions above 104.3500 with targets at 104.5500 & 104.7200 in extension.

Alternative scenario

Below 104.3500 look for further downside with 104.2500 & 104.1800 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

104.8500

104.7200

104.5500

104.4990 Last

104.3500

104.2500

104.1800

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