Dollar Index (ICE) may fall 2100 - 3900 pips

Pivot

103.3600

Our preference

Short positions below 103.3600 with targets at 102.8800 & 102.7000 in extension.

Alternative scenario

Above 103.3600 look for further upside with 103.5500 & 103.7000 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

103.7000

103.5500

103.3600

103.0900 Last

102.8800

102.7000

102.4000

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