Dollar Index (ICE) may fall 1760 - 3760 pips

Pivot

104.3500

Our preference

Short positions below 104.3500 with targets at 103.9000 & 103.7000 in extension.

Alternative scenario

Above 104.3500 look for further upside with 104.5000 & 104.6500 as targets.

Comment

The break below 104.3500 is a negative signal that has opened a path to 103.9000.

Supports and resistances

104.6500

104.5000

104.3500

104.0760 Last

103.9000

103.7000

103.5000

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