Dollar Index (ICE) may fall 2300 - 4300 pips

Pivot

102.6000

Our preference

Short positions below 102.6000 with targets at 102.0000 & 101.8000 in extension.

Alternative scenario

Above 102.6000 look for further upside with 102.7500 & 102.9000 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

102.9000

102.7500

102.6000

102.2300 Last

102.0000

101.8000

101.6500

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