Dollar Index (ICE) may fall 1610 - 2410 pips

Pivot

105.5000

Our preference

Short positions below 105.5000 with targets at 105.2600 & 105.1800 in extension.

Alternative scenario

Above 105.5000 look for further upside with 105.6500 & 105.8000 as targets.

Comment

As long as the resistance at 105.5000 is not surpassed, the risk of the break below 105.2600 remains high.

Supports and resistances

105.8000

105.6500

105.5000

105.4210 Last

105.2600

105.1800

104.9500

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