Dollar Index (ICE) may fall 2150 - 3850 pips

Pivot

104.8000

Our preference

Short positions below 104.8000 with targets at 104.2500 & 104.0800 in extension.

Alternative scenario

Above 104.8000 look for further upside with 105.0000 & 105.2000 as targets.

Comment

As long as the resistance at 104.8000 is not surpassed, the risk of the break below 104.2500 remains high.

Supports and resistances

105.2000

105.0000

104.8000

104.4650 Last

104.2500

104.0800

103.9000

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