February 13th, 2012
Published Daily

DXY – NYBOT Dollar Index (Last: 78.02)

by Rick Ackerman on August 7, 2009 12:01 am GMT

Threatened by a fall of the cliff, DXY seems to have summoned hidden reserves of buying power; however, it will still need to hit a minimum 78.49 today in order to “actualize” yesterday’s potential.  Although the intraday high exceeded a minor Hidden Pivot resistance at 78.12, the two-cent overshoot was not sufficient to leave us with a bullish bias.



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