Dollar Index (ICE) may rise 1200 - 3200 pips

Pivot

103.0300

Our preference

Long positions above 103.0300 with targets at 103.3500 & 103.5500 in extension.

Alternative scenario

Below 103.0300 look for further downside with 102.9200 & 102.8000 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

103.7000

103.5500

103.3500

103.2300 Last

103.0300

102.9200

102.8000

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