Dollar Index (ICE) may fall 120 - 1620 pips

Pivot

106.0000

Our preference

Short positions below 106.0000 with targets at 105.8500 & 105.7000 in extension.

Alternative scenario

Above 106.0000 look for further upside with 106.1200 & 106.2000 as targets.

Comment

As long as the resistance at 106.0000 is not surpassed, the risk of the break below 105.8500 remains high.

Supports and resistances

106.2000

106.1200

106.0000

105.8620 Last

105.8500

105.7000

105.5800

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