Forex

Dollar Index (ICE) may fall 1160 - 2660 pips

2024-06-24

Pivot

105.8000

Our preference

Short positions below 105.8000 with targets at 105.5300 & 105.3800 in extension.

Alternative scenario

Above 105.8000 look for further upside with 105.9000 & 106.0000 as targets.

Comment

The break below 105.8000 is a negative signal that has opened a path to 105.5300.

Supports and resistances

106.0000

105.9000

105.8000

105.6460 Last

105.5300

105.3800

105.3000

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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