Forex

Dollar Index (ICE) may fall 1070 - 4570 pips

2024-09-16

Pivot

101.1500

Our preference

Short positions below 101.1500 with targets at 100.5500 & 100.2000 in extension.

Alternative scenario

Above 101.1500 look for further upside with 101.3500 & 101.5000 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

101.5000

101.3500

101.1500

100.6570 Last

100.5500

100.2000

100.0000

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

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