Dollar Index (ICE) may rise 1300 - 2900 pips

Pivot

102.3000

Our preference

Long positions above 102.3000 with targets at 102.6900 & 102.8500 in extension.

Alternative scenario

Below 102.3000 look for further downside with 102.1000 & 101.8500 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

103.0500

102.8500

102.6900

102.5600 Last

102.3000

102.1000

101.8500

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