Dollar Index (ICE) may fall 1900 - 4400 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 calls for a new downleg.

Supports and resistances

103.2500

103.1000

102.9000

102.6400 Last

102.4500

102.2000

102.0000

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