Dollar Index (ICE) may fall 1800 - 3800 pips

Pivot

105.6000

Our preference

Short positions below 105.6000 with targets at 105.1500 & 104.9500 in extension.

Alternative scenario

Above 105.6000 look for further upside with 105.8000 & 106.0000 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

106.0000

105.8000

105.6000

105.3300 Last

105.1500

104.9500

104.7500

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