Dollar Index (ICE) may rise 960 - 2460 pips

Pivot

103.0500

Our preference

Long positions above 103.0500 with targets at 103.3500 & 103.5000 in extension.

Alternative scenario

Below 103.0500 look for further downside with 102.9000 & 102.7500 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

103.6500

103.5000

103.3500

103.2540 Last

103.0500

102.9000

102.7500

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