Dollar Index (ICE) may fall 2080 - 3280 pips

Pivot

102.9700

Our preference

Short positions below 102.9700 with targets at 102.6500 & 102.5300 in extension.

Alternative scenario

Above 102.9700 look for further upside with 103.0700 & 103.2300 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

103.2300

103.0700

102.9700

102.8580 Last

102.6500

102.5300

102.3400

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