Dollar Index (ICE) may rise 1200 - 3200 pips

Pivot

102.6500

Our preference

Long positions above 102.6500 with targets at 103.0000 & 103.2000 in extension.

Alternative scenario

Below 102.6500 look for further downside with 102.4600 & 102.3000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

103.4500

103.2000

103.0000

102.8800 Last

102.6500

102.4600

102.3000

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