Dollar Index (ICE) may rise 1040 - 2540 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 & 102.8800 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

103.6000

103.4500

103.3000

103.1960 Last

103.0300

102.9200

102.8800

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