Dollar Index (ICE) may rise 870 - 1870 pips

Pivot

105.9500

Our preference

Long positions above 105.9500 with targets at 106.2000 & 106.3000 in extension.

Alternative scenario

Below 105.9500 look for further downside with 105.8500 & 105.7000 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

106.4000

106.3000

106.2000

106.1130 Last

105.9500

105.8500

105.7000

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