Dollar Index (ICE) may fall 1200 - 3000 pips

Pivot

103.2200

Our preference

Short positions below 103.2200 with targets at 102.8800 & 102.7000 in extension.

Alternative scenario

Above 103.2200 look for further upside with 103.3600 & 103.5500 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

103.5500

103.3600

103.2200

103.0000 Last

102.8800

102.7000

102.4000

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