Dollar Index (ICE) may rise 1170 - 4170 pips

Pivot

105.0000

Our preference

Long positions above 105.0000 with targets at 105.4500 & 105.7500 in extension.

Alternative scenario

Below 105.0000 look for further downside with 104.8000 & 104.6500 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

106.0000

105.7500

105.4500

105.3330 Last

105.0000

104.8000

104.6500

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