Dollar Index (ICE) may rise 1760 - 3560 pips

Pivot

103.7000

Our preference

Long positions above 103.7000 with targets at 104.1500 & 104.3300 in extension.

Alternative scenario

Below 103.7000 look for further downside with 103.5500 & 103.4200 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

104.5000

104.3300

104.1500

103.9740 Last

103.7000

103.5500

103.4200

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