Dollar Index (ICE) may fall 500 - 1800 pips

Pivot

105.1000

Our preference

Short positions below 105.1000 with targets at 104.9300 & 104.8000 in extension.

Alternative scenario

Above 105.1000 look for further upside with 105.2100 & 105.3500 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

105.3500

105.2100

105.1000

104.9800 Last

104.9300

104.8000

104.6500

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