Dollar Index (ICE) may rise 1690 - 2990 pips

Pivot

104.1900

Our preference

Long positions above 104.1900 with targets at 104.5000 & 104.6300 in extension.

Alternative scenario

Below 104.1900 look for further downside with 104.0000 & 103.8000 as targets.

Comment

The break above 104.1900 is a positive signal that has opened a path to 104.5000.

Supports and resistances

104.7500

104.6300

104.5000

104.3310 Last

104.1900

104.0000

103.8000

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