Dollar Index (ICE) may rise 1500 - 3100 pips

Pivot

102.4000

Our preference

Long positions above 102.4000 with targets at 102.7200 & 102.8800 in extension.

Alternative scenario

Below 102.4000 look for further downside with 102.2700 & 102.1500 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

103.0500

102.8800

102.7200

102.5700 Last

102.4000

102.2700

102.1500

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