Forex

Dollar Index (ICE) may fall to 100.6200 - 102.3600

2024-08-14

Pivot

104.8000

Our preference

Short positions below 104.8000 with targets at 102.3600 & 100.6200 in extension.

Alternative scenario

Above 104.8000 look for further upside with 105.9000 & 106.4000 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

106.4000 **

105.9000 **

104.8000 ***

102.6260 Last

102.3600 ***

100.6200 ***

99.6000 ***

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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