Dollar Index (ICE) may rise 2800 - 4800 pips

Pivot

101.2500

Our preference

Long positions above 101.2500 with targets at 101.8000 & 102.0000 in extension.

Alternative scenario

Below 101.2500 look for further downside with 101.0900 & 100.9200 as targets.

Comment

The upward potential is likely to be limited by the resistance at 101.2500.

Supports and resistances

102.2600

102.0000

101.8000

101.5200 Last

101.2500

101.0900

100.9200

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