Dollar Index (ICE) may rise 1500 - 3000 pips

Pivot

104.1500

Our preference

Long positions above 104.1500 with targets at 104.5500 & 104.7000 in extension.

Alternative scenario

Below 104.1500 look for further downside with 104.0000 & 103.8500 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

104.8800

104.7000

104.5500

104.4000 Last

104.1500

104.0000

103.8500

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