Dollar Index (ICE) may rise 1700 - 2700 pips

Pivot

104.8000

Our preference

Long positions above 104.8000 with targets at 105.2000 & 105.3000 in extension.

Alternative scenario

Below 104.8000 look for further downside with 104.6500 & 104.5000 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

105.4500

105.3000

105.2000

105.0300 Last

104.8000

104.6500

104.5000

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