Dollar Index (ICE) may rise 2300 - 3800 pips

Pivot

103.0500

Our preference

Long positions above 103.0500 with targets at 103.5500 & 103.7000 in extension.

Alternative scenario

Below 103.0500 look for further downside with 102.8800 & 102.7000 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

103.8500

103.7000

103.5500

103.3200 Last

103.0500

102.8800

102.7000

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