Dollar Index (ICE) may fall 660 - 2260 pips

Pivot

104.5500

Our preference

Short positions below 104.5500 with targets at 104.3000 & 104.1400 in extension.

Alternative scenario

Above 104.5500 look for further upside with 104.6500 & 104.8000 as targets.

Comment

A break below 104.3000 would trigger a drop towards 104.1400.

Supports and resistances

104.8000

104.6500

104.5500

104.3660 Last

104.3000

104.1400

104.0000

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