Dollar Index (ICE) may fall 700 - 2200 pips

Pivot

105.3500

Our preference

Short positions below 105.3500 with targets at 105.1500 & 105.0000 in extension.

Alternative scenario

Above 105.3500 look for further upside with 105.5000 & 105.6500 as targets.

Comment

A break below 105.1500 would trigger a drop towards 105.0000.

Supports and resistances

105.6500

105.5000

105.3500

105.2200 Last

105.1500

105.0000

104.8500

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