Dollar Index (ICE) may fall 1630 - 3130 pips

Pivot

103.6000

Our preference

Short positions below 103.6000 with targets at 103.3500 & 103.2000 in extension.

Alternative scenario

Above 103.6000 look for further upside with 103.7500 & 103.8700 as targets.

Comment

As long as the resistance at 103.6000 is not surpassed, the risk of the break below 103.3500 remains high.

Supports and resistances

103.8700

103.7500

103.6000

103.5130 Last

103.3500

103.2000

103.0500

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