Dollar Index (ICE) may fall to 99.6000 - 100.5000

Pivot

103.2500

Our preference

Short positions below 103.2500 with targets at 100.5000 & 99.6000 in extension.

Alternative scenario

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

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

106.0000 **

104.8000 **

103.2500 ***

101.4000 Last

100.5000 ***

99.6000 ***

97.7500 ***

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