Dollar Index (ICE) may rise 2100 - 3100 pips

Pivot

104.7500

Our preference

Long positions above 104.7500 with targets at 105.1000 & 105.2000 in extension.

Alternative scenario

Below 104.7500 look for further downside with 104.6500 & 104.5000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

105.3000

105.2000

105.1000

104.8900 Last

104.7500

104.6500

104.5000

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