Dollar Index (ICE) may fall 1400 - 2400 pips

Pivot

104.4000

Our preference

Short positions below 104.4000 with targets at 104.1000 & 104.0000 in extension.

Alternative scenario

Above 104.4000 look for further upside with 104.5500 & 104.7000 as targets.

Comment

A break below 104.1000 would trigger a drop towards 104.0000.

Supports and resistances

104.7000

104.5500

104.4000

104.2400 Last

104.1000

104.0000

103.8500

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