Dollar Index (ICE) may fall 2800 - 5800 pips

Pivot

101.7500

Our preference

Short positions below 101.7500 with targets at 101.1000 & 100.8000 in extension.

Alternative scenario

Above 101.7500 look for further upside with 102.0000 & 102.2500 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

102.2500

102.0000

101.7500

101.3800 Last

101.1000

100.8000

100.6000

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