Dollar Index (ICE) may rise 1700 - 2900 pips

Pivot

103.9500

Our preference

Long positions above 103.9500 with targets at 104.3300 & 104.4500 in extension.

Alternative scenario

Below 103.9500 look for further downside with 103.8300 & 103.7000 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

104.6000

104.4500

104.3300

104.1600 Last

103.9500

103.8300

103.7000

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