Forex

Dollar Index (ICE) may rise 1700 - 3200 pips

2024-09-18

Pivot

100.7500

Our preference

Long positions above 100.7500 with targets at 101.0000 & 101.1500 in extension.

Alternative scenario

Below 100.7500 look for further downside with 100.5700 & 100.4500 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

101.3500

101.1500

101.0000

100.8300 Last

100.7500

100.5700

100.4500

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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