Dollar Index (ICE) may rise 1100 - 2700 pips

Pivot

102.8500

Our preference

Long positions above 102.8500 with targets at 103.0700 & 103.2300 in extension.

Alternative scenario

Below 102.8500 look for further downside with 102.6500 & 102.4800 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

Supports and resistances

103.4500

103.2300

103.0700

102.9600 Last

102.8500

102.6500

102.4800

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