Dollar Index (ICE) may rise 1800 - 3300 pips

Pivot

104.3500

Our preference

Long positions above 104.3500 with targets at 104.7500 & 104.9000 in extension.

Alternative scenario

Below 104.3500 look for further downside with 104.1400 & 104.0000 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

105.1000

104.9000

104.7500

104.5700 Last

104.3500

104.1400

104.0000

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