Forex

Dollar Index (ICE) may rise 650 - 2150 pips

2024-10-10

Pivot

102.8000

Our preference

Long positions above 102.8000 with targets at 103.0000 & 103.1500 in extension.

Alternative scenario

Below 102.8000 look for further downside with 102.7000 & 102.6000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

103.3000

103.1500

103.0000

102.9350 Last

102.8000

102.7000

102.6000

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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