Dollar Index (ICE) may fall 120 - 1620 pips

Pivot

105.3000

Our preference

Short positions below 105.3000 with targets at 105.1000 & 104.9500 in extension.

Alternative scenario

Above 105.3000 look for further upside with 105.4500 & 105.6500 as targets.

Comment

As long as the resistance at 105.3000 is not surpassed, the risk of the break below 105.1000 remains high.

Supports and resistances

105.6500

105.4500

105.3000

105.1120 Last

105.1000

104.9500

104.7500

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