Dollar Index (ICE) may fall 2300 - 4300 pips

Pivot

105.0000

Our preference

Short positions below 105.0000 with targets at 104.4500 & 104.2500 in extension.

Alternative scenario

Above 105.0000 look for further upside with 105.2000 & 105.4500 as targets.

Comment

The upward potential is likely to be limited by the resistance at 105.0000.

Supports and resistances

105.4500

105.2000

105.0000

104.6800 Last

104.4500

104.2500

104.0000

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