Dollar Index (ICE) may fall 3800 - 6300 pips

Pivot

103.0500

Our preference

Short positions below 103.0500 with targets at 102.4000 & 102.1500 in extension.

Alternative scenario

Above 103.0500 look for further upside with 103.3000 & 103.5500 as targets.

Comment

The upward potential is likely to be limited by the resistance at 103.0500.

Supports and resistances

103.5500

103.3000

103.0500

102.7800 Last

102.4000

102.1500

101.9500

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