Dollar Index (ICE) may fall 1880 - 3380 pips

Pivot

104.1500

Our preference

Short positions below 104.1500 with targets at 103.8000 & 103.6500 in extension.

Alternative scenario

Above 104.1500 look for further upside with 104.3500 & 104.5500 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

104.5500

104.3500

104.1500

103.9880 Last

103.8000

103.6500

103.5000

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