Dollar Index (ICE) may fall 3210 - 5210 pips

Pivot

104.7000

Our preference

Short positions below 104.7000 with targets at 104.0000 & 103.8000 in extension.

Alternative scenario

Above 104.7000 look for further upside with 104.9000 & 105.1000 as targets.

Comment

The break below the support at 104.7000 triggered a downward acceleration to 103.8000.

Supports and resistances

105.1000

104.9000

104.7000

104.3210 Last

104.0000

103.8000

103.6000

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