Dollar Index (ICE) may fall 2650 - 4850 pips

Pivot

105.7400

Our preference

Short positions below 105.7400 with targets at 105.3700 & 105.1500 in extension.

Alternative scenario

Above 105.7400 look for further upside with 105.8500 & 106.0000 as targets.

Comment

As long as 105.7400 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

106.0000

105.8500

105.7400

105.6350 Last

105.3700

105.1500

105.0000

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