Dollar Index (ICE) may rise 1510 - 3010 pips

Pivot

105.3600

Our preference

Long positions above 105.3600 with targets at 105.6500 & 105.8000 in extension.

Alternative scenario

Below 105.3600 look for further downside with 105.2600 & 105.1800 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

106.0000

105.8000

105.6500

105.4990 Last

105.3600

105.2600

105.1800

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