Dollar Index (ICE) may fall to 100.2500 - 101.8250

Pivot

106.0000

Our preference

Short positions below 106.0000 with targets at 101.8250 & 100.2500 in extension.

Alternative scenario

Above 106.0000 look for further upside with 106.5000 & 107.3000 as targets.

Comment

The RSI has struck against a major resistance around 70% and is reversing down.

Supports and resistances

107.3000 **

106.5000 **

106.0000 ***

103.5600 Last

101.8250 ***

100.2500 ***

99.6000 ***

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