Dollar Index (ICE) may fall 1610 - 3610 pips

Pivot

105.1000

Our preference

Short positions below 105.1000 with targets at 104.8000 & 104.6000 in extension.

Alternative scenario

Above 105.1000 look for further upside with 105.2500 & 105.4200 as targets.

Comment

As long as the resistance at 105.1000 is not surpassed, the risk of the break below 104.8000 remains high.

Supports and resistances

105.4200

105.2500

105.1000

104.9610 Last

104.8000

104.6000

104.4000

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