Dollar Index (ICE) may fall 1900 - 3200 pips

Pivot

104.2500

Our preference

Short positions below 104.2500 with targets at 103.8300 & 103.7000 in extension.

Alternative scenario

Above 104.2500 look for further upside with 104.4000 & 104.5700 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

104.5700

104.4000

104.2500

104.0200 Last

103.8300

103.7000

103.5500

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