Dollar Index (ICE) may rise 1740 - 4240 pips

Pivot

105.0500

Our preference

Long positions above 105.0500 with targets at 105.5000 & 105.7500 in extension.

Alternative scenario

Below 105.0500 look for further downside with 104.8500 & 104.6500 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

105.9000

105.7500

105.5000

105.3260 Last

105.0500

104.8500

104.6500

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