Dollar Index (ICE) may rise 1180 - 2680 pips

Pivot

105.1900

Our preference

Long positions above 105.1900 with targets at 105.5500 & 105.7000 in extension.

Alternative scenario

Below 105.1900 look for further downside with 105.0500 & 104.9500 as targets.

Comment

The break above 105.1900 is a positive signal that has opened a path to 105.5500.

Supports and resistances

105.9000

105.7000

105.5500

105.4320 Last

105.1900

105.0500

104.9500

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