Dollar Index (ICE) may fall 590 - 2090 pips

Pivot

105.8000

Our preference

Short positions below 105.8000 with targets at 105.5800 & 105.4300 in extension.

Alternative scenario

Above 105.8000 look for further upside with 105.9000 & 106.0500 as targets.

Comment

As long as the resistance at 105.8000 is not surpassed, the risk of the break below 105.5800 remains high.

Supports and resistances

106.0500

105.9000

105.8000

105.6390 Last

105.5800

105.4300

105.3000

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