Dollar Index (ICE) may rise 1420 - 2920 pips

Pivot

103.4000

Our preference

Long positions above 103.4000 with targets at 103.6500 & 103.8000 in extension.

Alternative scenario

Below 103.4000 look for further downside with 103.3000 & 103.1700 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

103.9000

103.8000

103.6500

103.5080 Last

103.4000

103.3000

103.1700

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