Dollar Index (ICE) may fall 1780 - 2980 pips

Pivot

106.0000

Our preference

Short positions below 106.0000 with targets at 105.7000 & 105.5800 in extension.

Alternative scenario

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

Comment

As long as 106.0000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

106.2000

106.1200

106.0000

105.8780 Last

105.7000

105.5800

105.4500

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