Dollar Index (ICE) may fall 1410 - 2910 pips

Pivot

103.7500

Our preference

Short positions below 103.7500 with targets at 103.5000 & 103.3500 in extension.

Alternative scenario

Above 103.7500 look for further upside with 103.8500 & 104.0000 as targets.

Comment

As long as the resistance at 103.7500 is not surpassed, the risk of the break below 103.5000 remains high.

Supports and resistances

104.0000

103.8500

103.7500

103.6410 Last

103.5000

103.3500

103.2000

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