Dollar Index (ICE) may rise 2410 - 3610 pips

Pivot

102.8000

Our preference

Long positions above 102.8000 with targets at 103.0500 & 103.1700 in extension.

Alternative scenario

Below 102.8000 look for further downside with 102.6900 & 102.5800 as targets.

Comment

A support base at 102.8000 has formed and has allowed for a temporary stabilisation.

Supports and resistances

103.3000

103.1700

103.0500

102.8090 Last

102.8000

102.6900

102.5800

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