Dollar Index (ICE) may rise 1200 - 2800 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

Technically the RSI is above its neutrality area at 50.

Supports and resistances

103.0500

102.8800

102.7200

102.6000 Last

102.4000

102.2700

102.1500

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