Dollar Index (ICE) may rise 1810 - 3310 pips

Pivot

100.8900

Our preference

Long positions above 100.8900 with targets at 101.1800 & 101.3300 in extension.

Alternative scenario

Below 100.8900 look for further downside with 100.7700 & 100.6500 as targets.

Comment

A support base at 100.8900 has formed and has allowed for a temporary stabilisation.

Supports and resistances

101.5000

101.3300

101.1800

100.9990 Last

100.8900

100.7700

100.6500

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