Dollar Index (ICE) may rise 1070 - 2070 pips

Pivot

103.1700

Our preference

Long positions above 103.1700 with targets at 103.4000 & 103.5000 in extension.

Alternative scenario

Below 103.1700 look for further downside with 103.0500 & 102.9700 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

103.6500

103.5000

103.4000

103.2930 Last

103.1700

103.0500

102.9700

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