Dollar Index (ICE) may fall 1260 - 2560 pips

Pivot

104.3500

Our preference

Short positions below 104.3500 with targets at 104.0000 & 103.8700 in extension.

Alternative scenario

Above 104.3500 look for further upside with 104.4500 & 104.5700 as targets.

Comment

The break below 104.3500 is a negative signal that has opened a path to 104.0000.

Supports and resistances

104.5700

104.4500

104.3500

104.1260 Last

104.0000

103.8700

103.6500

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