Dollar Index (ICE) may fall 1500 - 4000 pips

Pivot

102.9000

Our preference

Short positions below 102.9000 with targets at 102.4500 & 102.2000 in extension.

Alternative scenario

Above 102.9000 look for further upside with 103.1000 & 103.2500 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

103.2500

103.1000

102.9000

102.6000 Last

102.4500

102.2000

102.0000

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