Dollar Index (ICE) may fall 1320 - 2120 pips

Pivot

104.3500

Our preference

Short positions below 104.3500 with targets at 104.0300 & 103.9500 in extension.

Alternative scenario

Above 104.3500 look for further upside with 104.5500 & 104.7200 as targets.

Comment

The break below 104.3500 is a negative signal that has opened a path to 104.0300.

Supports and resistances

104.7200

104.5500

104.3500

104.1620 Last

104.0300

103.9500

103.8000

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