Dollar Index (ICE) may rise 2330 - 4130 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 is mixed with a bullish bias.

Supports and resistances

104.5000

104.3300

104.1500

103.9170 Last

103.7000

103.5500

103.4200

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