Dollar Index (ICE) may fall to 94.6000 - 99.4000

Pivot

109.5000

Our preference

Short positions below 109.5000 with targets at 99.4000 & 94.6000 in extension.

Alternative scenario

Above 109.5000 look for further upside with 115.0000 & 120.0000 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

120.0000 **

115.0000 **

109.5000 **

104.5970 Last

99.4000 ***

94.6000 ***

92.0000 **

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