Dollar Index (ICE) may rise 1520 - 3020 pips

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

A support base at 100.7500 has formed and has allowed for a temporary stabilisation.

Supports and resistances

101.3500

101.1500

101.0000

100.8480 Last

100.7500

100.5700

100.4500

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