DXY could create a potent bullish impulse leg with a relatively short thrust to 86.55, although there was no technical evidence Sunday night that such a move was imminent. The key to the short-term chart lies in a look-to-the-left peak at 86.54 recorded in mid-March on the way down. DXY has been in no rush to exceed that peak, and the action since has been marked by dueling impulse legs, bullish and bearish, of nearly equal degree. Since any breakout could be both significant and subtle, we should set an alert at 86.55 to keep on top of this vehicle.