Dollar Index (ICE) may fall 2200 - 3700 pips

Pivot

104.3000

Our preference

Short positions below 104.3000 with targets at 103.8000 & 103.6500 in extension.

Alternative scenario

Above 104.3000 look for further upside with 104.4700 & 104.6200 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

104.6200

104.4700

104.3000

104.0200 Last

103.8000

103.6500

103.5000

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