Dollar Index (ICE) may fall to 102.0000 - 102.6000

Pivot

106.1000

Our preference

Short positions below 106.1000 with targets at 102.6000 & 102.0000 in extension.

Alternative scenario

Above 106.1000 look for further upside with 106.7000 & 107.3000 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

107.3000 ***

106.7000 ***

106.1000 **

103.7960 Last

102.6000 ***

102.0000 ***

100.6000 ***

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