Dollar Index (ICE) may rise 2410 - 4910 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 RSI lacks downward momentum.

Supports and resistances

105.9000

105.7500

105.5000

105.2590 Last

105.0500

104.8500

104.6500

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