Dollar Index (ICE) may fall 1580 - 3080 pips

Pivot

105.9000

Our preference

Short positions below 105.9000 with targets at 105.5800 & 105.4300 in extension.

Alternative scenario

Above 105.9000 look for further upside with 106.0500 & 106.1500 as targets.

Comment

As long as the resistance at 105.9000 is not surpassed, the risk of the break below 105.5800 remains high.

Supports and resistances

106.1500

106.0500

105.9000

105.7380 Last

105.5800

105.4300

105.3000

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