Dollar Index (ICE) may fall 1920 - 3420 pips

Pivot

105.1000

Our preference

Short positions below 105.1000 with targets at 104.9000 & 104.7500 in extension.

Alternative scenario

Above 105.1000 look for further upside with 105.2500 & 105.4000 as targets.

Comment

As long as the resistance at 105.1000 is not surpassed, the risk of the break below 104.9000 remains high.

Supports and resistances

105.4000

105.2500

105.1000

105.0920 Last

104.9000

104.7500

104.6000

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