Dollar Index (ICE) may rise 1800 - 3300 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 next resistances are at 104.5500 and then at 104.7000.

Supports and resistances

104.8800

104.7000

104.5500

104.3700 Last

104.1500

104.0000

103.8500

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