Dollar Index (ICE) may fall to 97.7500 - 99.6000

Pivot

103.2500

Our preference

Short positions below 103.2500 with targets at 99.6000 & 97.7500 in extension.

Alternative scenario

Above 103.2500 look for further upside with 104.8000 & 106.0000 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

106.0000 **

104.8000 **

103.2500 ***

100.8000 Last

99.6000 ***

97.7500 ***

95.0000 ***

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