Dollar Index (ICE) may rise 1200 - 4400 pips

Pivot

104.7000

Our preference

Long positions above 104.7000 with targets at 105.1800 & 105.5000 in extension.

Alternative scenario

Below 104.7000 look for further downside with 104.4500 & 104.2500 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

105.7000

105.5000

105.1800

105.0600 Last

104.7000

104.4500

104.2500

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