Dollar Index (ICE) may fall 1190 - 2690 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

As long as the resistance at 105.3500 is not surpassed, the risk of the break below 105.1500 remains high.

Supports and resistances

105.6500

105.5000

105.3500

105.2690 Last

105.1500

105.0000

104.8500

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