Dollar Index (ICE) may rise 1270 - 2770 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 break above 103.4000 is a positive signal that has opened a path to 103.6500.

Supports and resistances

103.9000

103.8000

103.6500

103.5230 Last

103.4000

103.3000

103.1700

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