Forex

Dollar Index (ICE) may fall 3310 - 4810 pips

2024-09-19

Pivot

101.4500

Our preference

Short positions below 101.4500 with targets at 100.7000 & 100.5500 in extension.

Alternative scenario

Above 101.4500 look for further upside with 101.7000 & 101.9000 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

101.9000

101.7000

101.4500

101.0310 Last

100.7000

100.5500

100.3500

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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