Dollar Index (ICE) may fall 2820 - 4820 pips

Pivot

101.4000

Our preference

Short positions below 101.4000 with targets at 100.9000 & 100.7000 in extension.

Alternative scenario

Above 101.4000 look for further upside with 101.6000 & 101.8500 as targets.

Comment

As long as 101.4000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

101.8500

101.6000

101.4000

101.1820 Last

100.9000

100.7000

100.5000

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