Dollar Index (ICE) may rise 1300 - 2800 pips

Pivot

100.5500

Our preference

Long positions above 100.5500 with targets at 100.9000 & 101.0500 in extension.

Alternative scenario

Below 100.5500 look for further downside with 100.4000 & 100.2500 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

101.2000

101.0500

100.9000

100.7700 Last

100.5500

100.4000

100.2500

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