Dollar Index (ICE) may rise 1340 - 2340 pips

Pivot

105.5000

Our preference

Long positions above 105.5000 with targets at 105.8000 & 105.9000 in extension.

Alternative scenario

Below 105.5000 look for further downside with 105.3500 & 105.2500 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

106.0000

105.9000

105.8000

105.6660 Last

105.5000

105.3500

105.2500

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