Dollar Index (ICE) may fall 3390 - 5390 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 lacks upward momentum.

Supports and resistances

105.7000

105.5500

105.3800

105.2890 Last

104.9500

104.7500

104.5500

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