Forex

Dollar Index (ICE) may rise to 106.5000 - 107.3000

2024-06-18

Pivot

104.0000

Our preference

Long positions above 104.0000 with targets at 106.5000 & 107.3000 in extension.

Alternative scenario

Below 104.0000 look for further downside with 102.6000 & 102.0000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

108.0000 ***

107.3000 ***

106.5000 **

105.4210 Last

104.0000 ***

102.6000 ***

102.0000 ***

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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