Dollar Index (ICE) may fall 1120 - 1620 pips

Pivot

105.7000

Our preference

Short positions below 105.7000 with targets at 105.4300 & 105.3800 in extension.

Alternative scenario

Above 105.7000 look for further upside with 105.8000 & 105.9000 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

105.9000

105.8000

105.7000

105.5420 Last

105.4300

105.3800

105.3000

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