Dollar Index (ICE) may fall 900 - 3200 pips

Pivot

105.9300

Our preference

Short positions below 105.9300 with targets at 105.6000 & 105.3700 in extension.

Alternative scenario

Above 105.9300 look for further upside with 106.1200 & 106.2500 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

106.2500

106.1200

105.9300

105.6900 Last

105.6000

105.3700

105.1500

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