Dollar Index (ICE) may fall 1150 - 2750 pips

Pivot

104.8000

Our preference

Short positions below 104.8000 with targets at 104.5000 & 104.3400 in extension.

Alternative scenario

Above 104.8000 look for further upside with 104.9000 & 105.0000 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

105.0000

104.9000

104.8000

104.6150 Last

104.5000

104.3400

104.1000

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