Dollar Index (ICE) may fall 1800 - 3300 pips

Pivot

102.6500

Our preference

Short positions below 102.6500 with targets at 102.2500 & 102.1000 in extension.

Alternative scenario

Above 102.6500 look for further upside with 102.8000 & 102.9500 as targets.

Comment

As long as 102.6500 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

102.9500

102.8000

102.6500

102.4300 Last

102.2500

102.1000

101.9500

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