Dollar Index (ICE) may fall 2400 - 4000 pips

Pivot

105.0000

Our preference

Short positions below 105.0000 with targets at 104.5000 & 104.3400 in extension.

Alternative scenario

Above 105.0000 look for further upside with 105.1800 & 105.3300 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

105.3300

105.1800

105.0000

104.7400 Last

104.5000

104.3400

104.2000

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