Dollar Index (ICE) may rise 1450 - 2950 pips

Pivot

100.7000

Our preference

Long positions above 100.7000 with targets at 101.0000 & 101.1500 in extension.

Alternative scenario

Below 100.7000 look for further downside with 100.5300 & 100.4000 as targets.

Comment

A support base at 100.7000 has formed and has allowed for a temporary stabilisation.

Supports and resistances

101.3000

101.1500

101.0000

100.8550 Last

100.7000

100.5300

100.4000

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