Dollar Index (ICE) may fall 1500 - 3500 pips

Pivot

105.3800

Our preference

Short positions below 105.3800 with targets at 104.9500 & 104.7500 in extension.

Alternative scenario

Above 105.3800 look for further upside with 105.5500 & 105.7000 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

105.7000

105.5500

105.3800

105.1000 Last

104.9500

104.7500

104.5500

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