Dollar Index (ICE) may rise 2100 - 5100 pips

Pivot

104.8500

Our preference

Long positions above 104.8500 with targets at 105.4500 & 105.7500 in extension.

Alternative scenario

Below 104.8500 look for further downside with 104.6500 & 104.4500 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

106.0000

105.7500

105.4500

105.2400 Last

104.8500

104.6500

104.4500

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