Dollar Index (ICE) may fall 2000 - 5500 pips

Pivot

102.2500

Our preference

Short positions below 102.2500 with targets at 101.6500 & 101.3000 in extension.

Alternative scenario

Above 102.2500 look for further upside with 102.4800 & 102.6500 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

102.6500

102.4800

102.2500

101.8500 Last

101.6500

101.3000

101.1000

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