Forex

Dollar Index (ICE) may fall 1530 - 2530 pips

2024-10-21

Pivot

103.7000

Our preference

Short positions below 103.7000 with targets at 103.5000 & 103.4000 in extension.

Alternative scenario

Above 103.7000 look for further upside with 103.8000 & 103.8700 as targets.

Comment

The RSI is posting a bearish divergence (not confirmed yet).

Supports and resistances

103.8700

103.8000

103.7000

103.6530 Last

103.5000

103.4000

103.2000

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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