Dollar Index (ICE) may fall 1060 - 2560 pips

Pivot

105.2000

Our preference

Short positions below 105.2000 with targets at 104.9000 & 104.7500 in extension.

Alternative scenario

Above 105.2000 look for further upside with 105.4200 & 105.6000 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

105.6000

105.4200

105.2000

105.0060 Last

104.9000

104.7500

104.6000

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