Dollar Index (ICE) may rise 1100 - 2100 pips

Pivot

105.3000

Our preference

Long positions above 105.3000 with targets at 105.5500 & 105.6500 in extension.

Alternative scenario

Below 105.3000 look for further downside with 105.2000 & 105.1500 as targets.

Comment

The break above 105.3000 is a positive signal that has opened a path to 105.5500.

Supports and resistances

105.8000

105.6500

105.5500

105.4400 Last

105.3000

105.2000

105.1500

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