Dollar Index (ICE) may fall 1280 - 2580 pips

Pivot

104.9000

Our preference

Short positions below 104.9000 with targets at 104.6300 & 104.5000 in extension.

Alternative scenario

Above 104.9000 look for further upside with 105.1000 & 105.1800 as targets.

Comment

As long as 104.9000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

105.1800

105.1000

104.9000

104.7580 Last

104.6300

104.5000

104.3400

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