Dollar Index (ICE) may rise 1100 - 2600 pips

Pivot

103.0300

Our preference

Long positions above 103.0300 with targets at 103.3000 & 103.4500 in extension.

Alternative scenario

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

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

103.6000

103.4500

103.3000

103.1900 Last

103.0300

102.9200

102.8000

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