Dollar Index (ICE) Intraday Analysis: Potential Decline of 1620 - 3620 Pips

Pivot Point: 101.0000

Primary Strategy (Our Preference):

Entry Point: Consider initiating short positions below the pivot level of 101.0000.
Target Levels: The first downside target is set at 100.6000, with an extension towards 100.4000 if bearish momentum continues.

Alternative Scenario:

Upside Risk: If the price rises above 101.0000, expect potential targets at 101.2500 and 101.4500.

Technical Outlook:

Market Dynamics: As long as the resistance at 101.0000 holds, the risk of a decline below 100.6000 remains significant. Caution is advised, as market conditions can change rapidly.
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