Forex

Dollar Index (ICE) may rise 1800 - 3300 pips

2024-10-14

Pivot

102.7500

Our preference

Long positions above 102.7500 with targets at 103.1500 & 103.3000 in extension.

Alternative scenario

Below 102.7500 look for further downside with 102.6000 & 102.4500 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

103.4500

103.3000

103.1500

102.9700 Last

102.7500

102.6000

102.4500

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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