Dollar Index (ICE) may rise 1140 - 3140 pips

Pivot

100.5500

Our preference

Long positions above 100.5500 with targets at 101.1000 & 101.3000 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

101.6000

101.3000

101.1000

100.9860 Last

100.5500

100.4000

100.2500

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