Dollar Index (ICE) may rise 1400 - 2900 pips

Pivot

103.0000

Our preference

Long positions above 103.0000 with targets at 103.4000 & 103.5500 in extension.

Alternative scenario

Below 103.0000 look for further downside with 102.8800 & 102.7000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

103.8500

103.5500

103.4000

103.2600 Last

103.0000

102.8800

102.7000

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