Forex

Dollar Index (ICE) may fall 1630 - 2930 pips

2024-09-17

Pivot

100.9000

Our preference

Short positions below 100.9000 with targets at 100.5800 & 100.4500 in extension.

Alternative scenario

Above 100.9000 look for further upside with 101.0500 & 101.2000 as targets.

Comment

As long as the resistance at 100.9000 is not surpassed, the risk of the break below 100.5800 remains high.

Supports and resistances

101.2000

101.0500

100.9000

100.7430 Last

100.5800

100.4500

100.3000

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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