Dollar Index (ICE) may rise 1700 - 3200 pips

Pivot

105.6500

Our preference

Long positions above 105.6500 with targets at 106.0000 & 106.1500 in extension.

Alternative scenario

Below 105.6500 look for further downside with 105.5000 & 105.3500 as targets.

Comment

The break above 105.6500 is a positive signal that has opened a path to 106.0000.

Supports and resistances

106.3000

106.1500

106.0000

105.8300 Last

105.6500

105.5000

105.3500

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