Dollar Index (ICE) may fall 1500 - 3000 pips

Pivot

100.7800

Our preference

Short positions below 100.7800 with targets at 100.4000 & 100.2500 in extension.

Alternative scenario

Above 100.7800 look for further upside with 100.9300 & 101.0500 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

101.0500

100.9300

100.7800

100.5500 Last

100.4000

100.2500

100.1000

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