Dollar Index (ICE) may fall 1080 - 3080 pips

Pivot

104.4500

Our preference

Short positions below 104.4500 with targets at 104.1000 & 103.9000 in extension.

Alternative scenario

Above 104.4500 look for further upside with 104.6000 & 104.7500 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

104.7500

104.6000

104.4500

104.2080 Last

104.1000

103.9000

103.7500

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