Dollar Index (ICE) may fall 1790 - 3790 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

As long as the resistance at 104.4500 is not surpassed, the risk of the break below 104.1000 remains high.

Supports and resistances

104.7500

104.6000

104.4500

104.2790 Last

104.1000

103.9000

103.7500

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