Dollar Index (ICE) may fall 2260 - 3460 pips

Pivot

100.8800

Our preference

Short positions below 100.8800 with targets at 100.5700 & 100.4500 in extension.

Alternative scenario

Above 100.8800 look for further upside with 101.0500 & 101.1500 as targets.

Comment

As long as 100.8800 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

101.1500

101.0500

100.8800

100.7960 Last

100.5700

100.4500

100.3000

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