Dollar Index (ICE) may fall 750 - 2750 pips

Pivot

104.3500

Our preference

Short positions below 104.3500 with targets at 104.0000 & 103.8000 in extension.

Alternative scenario

Above 104.3500 look for further upside with 104.5500 & 104.8000 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

104.8000

104.5500

104.3500

104.0750 Last

104.0000

103.8000

103.5000

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