Dollar Index (ICE) may fall 1910 - 2710 pips

Pivot

104.3800

Our preference

Short positions below 104.3800 with targets at 104.0800 & 104.0000 in extension.

Alternative scenario

Above 104.3800 look for further upside with 104.5800 & 104.7500 as targets.

Comment

As long as the resistance at 104.3800 is not surpassed, the risk of the break below 104.0800 remains high.

Supports and resistances

104.7500

104.5800

104.3800

104.2710 Last

104.0800

104.0000

103.8000

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