Dollar Index (ICE) may rise 1500 - 3000 pips

Pivot

105.4000

Our preference

Long positions above 105.4000 with targets at 105.8000 & 105.9500 in extension.

Alternative scenario

Below 105.4000 look for further downside with 105.2500 & 105.1500 as targets.

Comment

The break above 105.4000 is a positive signal that has opened a path to 105.8000.

Supports and resistances

106.1000

105.9500

105.8000

105.6500 Last

105.4000

105.2500

105.1500

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