Dollar Index (ICE) may fall 2400 - 6900 pips

Pivot

103.6500

Our preference

Short positions below 103.6500 with targets at 102.9500 & 102.5000 in extension.

Alternative scenario

Above 103.6500 look for further upside with 103.9500 & 104.1500 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

104.1500

103.9500

103.6500

103.1900 Last

102.9500

102.5000

102.2000

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