Dollar Index (ICE) may rise 1350 - 2850 pips

Pivot

102.8500

Our preference

Long positions above 102.8500 with targets at 103.1500 & 103.3000 in extension.

Alternative scenario

Below 102.8500 look for further downside with 102.7000 & 102.6000 as targets.

Comment

A support base at 102.8500 has formed and has allowed for a temporary stabilisation.

Supports and resistances

103.4500

103.3000

103.1500

103.0150 Last

102.8500

102.7000

102.6000

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