Dollar Index (ICE) may fall 1640 - 3140 pips

Pivot

105.4500

Our preference

Short positions below 105.4500 with targets at 105.1000 & 104.9500 in extension.

Alternative scenario

Above 105.4500 look for further upside with 105.6500 & 105.8000 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

105.8000

105.6500

105.4500

105.2640 Last

105.1000

104.9500

104.7500

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