Dollar Index (ICE) may fall 430 - 2030 pips

Pivot

105.9000

Our preference

Short positions below 105.9000 with targets at 105.7000 & 105.5400 in extension.

Alternative scenario

Above 105.9000 look for further upside with 106.0500 & 106.1200 as targets.

Comment

The break below 105.9000 is a negative signal that has opened a path to 105.7000.

Supports and resistances

106.1200

106.0500

105.9000

105.7430 Last

105.7000

105.5400

105.4300

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