Forex

Dollar Index (ICE) may fall 1330 - 3330 pips

2024-09-13

Pivot

101.2200

Our preference

Short positions below 101.2200 with targets at 100.9000 & 100.7000 in extension.

Alternative scenario

Above 101.2200 look for further upside with 101.3500 & 101.4500 as targets.

Comment

The break below 101.2200 is a negative signal that has opened a path to 100.9000.

Supports and resistances

101.4500

101.3500

101.2200

101.0330 Last

100.9000

100.7000

100.5000

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

Introduction to Tradingtop Site


Return to All Articles