We spent some time during yesterday’s weekly tutorial session pondering DXY’s recent, annoying ups and downs, which reversed Hidden Pivot assumptions with diabolical aplomb. Our bottom line now calls for a potentially tradable low at 74.97, a Hidden Pivot broached here earlier that so far has been exceeded by a technically negligible 0.03 points. Bulls will still need a rally to at least 76.10 to put the bearish case temporarily on ice; otherwise, the 72.93 target identified here a while back will remain very much in play.
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