DXY has reversed sharply after having failed to achieve the top of the 74.97-75.04 pullback range I’d flagged. This suggests that the rally will have legs — most immedfiately to get it to a 76.16 target that is the closest important Hidden Pivot on the hourly chart. The midpoint lies at 75.81, so anything above it will foretell more upside. (Note: This corrects my earlier analysis, which was derived from a TradeStation chart that had failed to refresh. I have found this to be a problem with the TradeStation platform, especially when I was trading off a chart, unaware that the last price displayed was an hour old.)
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