Dollar Index (ICE) may fall 1460 - 3160 pips

Pivot

104.3300

Our preference

Short positions below 104.3300 with targets at 104.0000 & 103.8300 in extension.

Alternative scenario

Above 104.3300 look for further upside with 104.4500 & 104.5700 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

104.5700

104.4500

104.3300

104.1460 Last

104.0000

103.8300

103.7000

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