Dollar Index (ICE) may fall 1600 - 3100 pips

Pivot

103.0000

Our preference

Short positions below 103.0000 with targets at 102.7500 & 102.6000 in extension.

Alternative scenario

Above 103.0000 look for further upside with 103.1500 & 103.3000 as targets.

Comment

The upward potential is likely to be limited by the resistance at 103.0000.

Supports and resistances

103.3000

103.1500

103.0000

102.9100 Last

102.7500

102.6000

102.4500

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