Dollar Index (ICE) may fall 1930 - 3230 pips

Pivot

105.0000

Our preference

Short positions below 105.0000 with targets at 104.6300 & 104.5000 in extension.

Alternative scenario

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

Comment

As long as 105.0000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

105.3300

105.1800

105.0000

104.8230 Last

104.6300

104.5000

104.3400

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