Forex

Dollar Index (ICE) may fall 1930 - 3230 pips

2024-09-19

Pivot

100.7500

Our preference

Short positions below 100.7500 with targets at 100.3500 & 100.2200 in extension.

Alternative scenario

Above 100.7500 look for further upside with 101.0000 & 101.1500 as targets.

Comment

The break below 100.7500 is a negative signal that has opened a path to 100.3500.

Supports and resistances

101.1500

101.0000

100.7500

100.5430 Last

100.3500

100.2200

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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