Dollar Index (ICE) may rise 1050 - 2550 pips

Pivot

105.6800

Our preference

Long positions above 105.6800 with targets at 105.9500 & 106.1000 in extension.

Alternative scenario

Below 105.6800 look for further downside with 105.5300 & 105.3800 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

106.3500

106.1000

105.9500

105.8450 Last

105.6800

105.5300

105.3800

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