Dollar Index (ICE) may fall 1490 - 2790 pips

Pivot

103.3500

Our preference

Short positions below 103.3500 with targets at 103.0500 & 102.9200 in extension.

Alternative scenario

Above 103.3500 look for further upside with 103.5500 & 103.7000 as targets.

Comment

As long as 103.3500 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

103.7000

103.5500

103.3500

103.1990 Last

103.0500

102.9200

102.7000

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