Dollar Index (ICE) may rise 1750 - 3250 pips

Pivot

102.4500

Our preference

Long positions above 102.4500 with targets at 102.8000 & 102.9500 in extension.

Alternative scenario

Below 102.4500 look for further downside with 102.3000 & 102.1000 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

103.0500

102.9500

102.8000

102.6250 Last

102.4500

102.3000

102.1000

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