February 13th, 2012
Published Daily

DXY – NYBOT Dollar Index (Last:75.46)

by Rick Ackerman on October 26, 2009 12:01 am GMT

The Dollar Index continues to bounce very precisely from Hidden Pivot targets, but none of its sequential thrusts has been sufficient to suggest that a genuine turnaround is at hand. If DXY should fall anew, look for the next turn at exactly 74.36. Alternatively, a pop today exceeding 76.08, a look-to-the-left peak shown in the accompanying chart, would turn the short-term picture bullish.



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