Forex

Dollar Index (ICE) may rise 830 - 1830 pips

2024-06-26

Pivot

105.7700

Our preference

Long positions above 105.7700 with targets at 106.0000 & 106.1000 in extension.

Alternative scenario

Below 105.7700 look for further downside with 105.6800 & 105.5800 as targets.

Comment

The break above 105.7700 is a positive signal that has opened a path to 106.0000.

Supports and resistances

106.3000

106.1000

106.0000

105.9170 Last

105.7700

105.6800

105.5800

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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