Dollar Index (ICE) may rise 1100 - 2000 pips

Pivot

104.6100

Our preference

Long positions above 104.6100 with targets at 105.0200 & 105.1100 in extension.

Alternative scenario

Below 104.6100 look for further downside with 104.4200 & 104.3400 as targets.

Comment

The break above 104.6100 is a positive signal that has opened a path to 105.0200.

Supports and resistances

105.2300

105.1100

105.0200

104.9100 Last

104.6100

104.4200

104.3400

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