Dollar Index (ICE) may fall 1580 - 2380 pips

Pivot

104.8100

Our preference

Short positions below 104.8100 with targets at 104.5000 & 104.4200 in extension.

Alternative scenario

Above 104.8100 look for further upside with 104.9300 & 105.0000 as targets.

Comment

The break below 104.8100 is a negative signal that has opened a path to 104.5000.

Supports and resistances

105.0000

104.9300

104.8100

104.6580 Last

104.5000

104.4200

104.3300

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