Dollar Index (ICE) may fall to 102.9000 - 103.9000

Pivot

106.5000

Our preference

Short positions below 106.5000 with targets at 103.9000 & 102.9000 in extension.

Alternative scenario

Above 106.5000 look for further upside with 107.3000 & 108.0000 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

108.0000 ***

107.3000 ***

106.5000 ***

104.9150 Last

103.9000 **

102.9000 ***

101.9000 ***

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