Forex

Dollar Index (ICE) may fall 2100 - 4600 pips

2024-08-26

Pivot

101.0000

Our preference

Short positions below 101.0000 with targets at 100.4500 & 100.2000 in extension.

Alternative scenario

Above 101.0000 look for further upside with 101.2000 & 101.4500 as targets.

Comment

A break below 100.4500 would trigger a drop towards 100.2000.

Supports and resistances

101.4500

101.2000

101.0000

100.6600 Last

100.4500

100.2000

100.0000

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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