Dollar Index (ICE) may fall 2890 - 6390 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

As long as the resistance at 102.2500 is not surpassed, the risk of the break below 101.6500 remains high.

Supports and resistances

102.6500

102.4800

102.2500

101.9390 Last

101.6500

101.3000

101.1000

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