Dollar Index (ICE) may rise 1220 - 2720 pips

Pivot

105.8500

Our preference

Long positions above 105.8500 with targets at 106.1500 & 106.3000 in extension.

Alternative scenario

Below 105.8500 look for further downside with 105.6800 & 105.5800 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

106.4500

106.3000

106.1500

106.0280 Last

105.8500

105.6800

105.5800

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