Dollar Index (ICE) may rise 2060 - 3560 pips

Pivot

105.5000

Our preference

Long positions above 105.5000 with targets at 105.9000 & 106.0500 in extension.

Alternative scenario

Below 105.5000 look for further downside with 105.3000 & 105.1800 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

106.1500

106.0500

105.9000

105.6940 Last

105.5000

105.3000

105.1800

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