Dollar Index (ICE) may rise 1260 - 3760 pips

Pivot

105.3000

Our preference

Long positions above 105.3000 with targets at 105.7500 & 106.0000 in extension.

Alternative scenario

Below 105.3000 look for further downside with 105.1000 & 104.9700 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

106.2000

106.0000

105.7500

105.6240 Last

105.3000

105.1000

104.9700

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