Dollar Index (ICE) may fall 4240 - 7740 pips

Pivot

103.3000

Our preference

Short positions below 103.3000 with targets at 102.3500 & 102.0000 in extension.

Alternative scenario

Above 103.3000 look for further upside with 103.6000 & 103.8500 as targets.

Comment

As long as 103.3000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

103.8500

103.6000

103.3000

102.7740 Last

102.3500

102.0000

101.5000

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