Dollar Index (ICE) may fall 1800 - 3300 pips

Pivot

103.8500

Our preference

Short positions below 103.8500 with targets at 103.5000 & 103.3500 in extension.

Alternative scenario

Above 103.8500 look for further upside with 104.0000 & 104.1500 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

104.1500

104.0000

103.8500

103.6800 Last

103.5000

103.3500

103.2000

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