Dollar Index (ICE) may fall 2200 - 4400 pips

Pivot

101.4000

Our preference

Short positions below 101.4000 with targets at 100.9200 & 100.7000 in extension.

Alternative scenario

Above 101.4000 look for further upside with 101.6000 & 101.8000 as targets.

Comment

As long as the resistance at 101.4000 is not surpassed, the risk of the break below 100.9200 remains high.

Supports and resistances

101.8000

101.6000

101.4000

101.1400 Last

100.9200

100.7000

100.5000

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