September 3rd, 2010
Published Daily

DXY – NYBOT Dollar Index (Last:80.16)

by Rick Ackerman on February 9, 2010 8:14 am GMT

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Since topping Friday just a hair below an important Hidden Pivot target at 80.78, the Dollar Index has created a single bearish impulse leg on the intraday charts. It has yet to play out, but the implied target is 80.03. An easy breach of the support would imply still lower prices, but it would only take slippage to 79.96 to refresh the downtrend on the 15-minute chart.

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