Dollar Index (ICE) may rise 1400 - 2900 pips

Pivot

100.6500

Our preference

Long positions above 100.6500 with targets at 101.0000 & 101.1500 in extension.

Alternative scenario

Below 100.6500 look for further downside with 100.5300 & 100.4000 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

101.3000

101.1500

101.0000

100.8600 Last

100.6500

100.5300

100.4000

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