Dollar Index (ICE) may fall 1180 - 3180 pips

Pivot

105.1500

Our preference

Short positions below 105.1500 with targets at 104.8000 & 104.6000 in extension.

Alternative scenario

Above 105.1500 look for further upside with 105.3000 & 105.4200 as targets.

Comment

A break below 104.8000 would trigger a drop towards 104.6000.

Supports and resistances

105.4200

105.3000

105.1500

104.9180 Last

104.8000

104.6000

104.4000

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