Dollar Index (ICE) may fall 1200 - 2500 pips

Pivot

100.9000

Our preference

Short positions below 100.9000 with targets at 100.5800 & 100.4500 in extension.

Alternative scenario

Above 100.9000 look for further upside with 101.0500 & 101.2000 as targets.

Comment

As long as the resistance at 100.9000 is not surpassed, the risk of the break below 100.5800 remains high.

Supports and resistances

101.2000

101.0500

100.9000

100.7000 Last

100.5800

100.4500

100.3000

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