Forex

Dollar Index (ICE) may fall 1900 - 3100 pips

2024-08-13

Pivot

103.3000

Our preference

Short positions below 103.3000 with targets at 102.9200 & 102.8000 in extension.

Alternative scenario

Above 103.3000 look for further upside with 103.4500 & 103.6000 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

103.6000

103.4500

103.3000

103.1100 Last

102.9200

102.8000

102.6500

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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